2023 THB to PHP Historical Review

YEARLY HIGH

1.6752 PHP

YEARLY LOW

1.5308 PHP

YEARLY AVERAGE

1.6003 PHP

2023 THB to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the THB to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 14, valuing the pair at 1.6752. Conversely, the yearly low was recorded on October 3, dropping to 1.5308.

This high-to-low spread represents a total annual volatility of 0.1443 PHP. From a start-to-finish perspective, comparing the January average rate of 1.6545 to the December average rate of 1.5908, the exchange rate registered a net change of -3.85% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.6752 was up 3.41% compared to the 2022 peak of 1.6199, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 THB based on timing:

Yearly Peak High 418,790 PHP

2022 Average 388,978 PHP

Yearly Trough Low 382,708 PHP

Transaction Impact: A difference of 36,081.66 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.6643

1.5465

JanuMarcMayJulySeptNove

THB to PHP Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 1.6175, compared to 1.5831 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0343 points.

H1 Avg (Jan–Jun) 1.6175

H2 Avg (Jul–Dec) 1.5831

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0790 PHP (High: 1.6528 / Low: 1.5738). On the other end, August was the most stable month, with a tight range of 0.0350 PHP (High: 1.6210 / Low: 1.5860).

February Spread (Volatile) ±0.0790

August Spread (Stable) ±0.0350

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0442 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0442

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 1.6545) against the same month in 2022 (average: 1.5415), the exchange rate shifted by +0.1130 (+7.33%).

2023 Avg (January) 1.6545

2022 Avg (January) 1.5415

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.6752	1.6096	1.6545
February	1.6528	1.5738	1.6103
March	1.6228	1.5722	1.5904
April	1.6415	1.5829	1.6167
May	1.6612	1.6071	1.6319
June	1.6216	1.5532	1.6009
July	1.6068	1.5663	1.5859
August	1.6210	1.5860	1.6068
September	1.6211	1.5489	1.5862
October	1.5796	1.5308	1.5563
November	1.5998	1.5497	1.5727
December	1.6212	1.5568	1.5908