2023 UAH to PHP Historical Review

YEARLY HIGH

1.5689 PHP

YEARLY LOW

1.4395 PHP

YEARLY AVERAGE

1.5115 PHP

2023 UAH to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the UAH to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 29, valuing the pair at 1.5689. Conversely, the yearly low was recorded on February 5, dropping to 1.4395.

This high-to-low spread represents a total annual volatility of 0.1293 PHP. From a start-to-finish perspective, comparing the January average rate of 1.4944 to the December average rate of 1.4929, the exchange rate registered a net change of -0.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.5689 was down 17.96% compared to the 2022 peak of 1.9123, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 UAH based on timing:

Yearly Peak High 7,844 PHP

2022 Average 8,425 PHP

Yearly Trough Low 7,198 PHP

Transaction Impact: A difference of 646.52 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.5625

1.4785

JanuMarcMayJulySeptNove

UAH 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 1.4989, compared to 1.5241 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0251 points.

H1 Avg (Jan–Jun) 1.4989

H2 Avg (Jul–Dec) 1.5241

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0801 PHP (High: 1.5197 / Low: 1.4395). On the other end, September was the most stable month, with a tight range of 0.0198 PHP (High: 1.5504 / Low: 1.5306).

February Spread (Volatile) ±0.0801

September Spread (Stable) ±0.0198

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0495 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0495

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 1.5555) against the same month in 2022 (average: 1.5918), the exchange rate shifted by -0.0363 (-2.28%).

2023 Avg (October) 1.5555

2022 Avg (October) 1.5918

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.5225	1.4724	1.4944
February	1.5197	1.4395	1.4904
March	1.5046	1.4652	1.4855
April	1.5310	1.4758	1.5007
May	1.5279	1.4981	1.5114
June	1.5253	1.4931	1.5112
July	1.5153	1.4721	1.4903
August	1.5401	1.4860	1.5252
September	1.5504	1.5306	1.5383
October	1.5689	1.5321	1.5555
November	1.5619	1.5241	1.5424
December	1.5179	1.4473	1.4929