2023 YER to PHP Historical Review

YEARLY HIGH

0.2287 PHP

YEARLY LOW

0.2144 PHP

YEARLY AVERAGE

0.2222 PHP

2023 YER to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the YER to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 0.2287. Conversely, the yearly low was recorded on February 5, dropping to 0.2144.

This high-to-low spread represents a total annual volatility of 0.0143 PHP. From a start-to-finish perspective, comparing the January average rate of 0.2194 to the December average rate of 0.2219, the exchange rate registered a net change of 1.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2287 was down 3.32% compared to the 2022 peak of 0.2366, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,144 PHP

2022 Average 1,089 PHP

Yearly Trough Low 1,072 PHP

Transaction Impact: A difference of 71.49 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2277

0.2178

JanuMarcMayJulySeptNove

YER 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 0.2206, compared to 0.2237 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0031 points.

H1 Avg (Jan–Jun) 0.2206

H2 Avg (Jul–Dec) 0.2237

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0081 PHP (High: 0.2249 / Low: 0.2168). On the other end, October was the most stable month, with a tight range of 0.0018 PHP (High: 0.2278 / Low: 0.2261).

April Spread (Volatile) ±0.0081

October Spread (Stable) ±0.0018

Growth Streaks & Declines

Trends

Between March and June, 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 October and November, when the average rate fell by 0.0042 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0042

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 0.2269) against the same month in 2022 (average: 0.2303), the exchange rate shifted by -0.0035 (-1.51%).

2023 Avg (September) 0.2269

2022 Avg (September) 0.2303

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2236	0.2172	0.2194
February	0.2218	0.2144	0.2191
March	0.2218	0.2161	0.2187
April	0.2249	0.2168	0.2207
May	0.2251	0.2210	0.2228
June	0.2247	0.2204	0.2229
July	0.2224	0.2171	0.2193
August	0.2272	0.2193	0.2249
September	0.2287	0.2262	0.2269
October	0.2278	0.2261	0.2268
November	0.2264	0.2204	0.2226
December	0.2232	0.2209	0.2219