2023 AED to PEN Historical Review

YEARLY HIGH

1.0623 PEN

YEARLY LOW

0.9688 PEN

YEARLY AVERAGE

1.0184 PEN

2023 AED to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AED to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 26, valuing the pair at 1.0623. Conversely, the yearly low was recorded on July 17, dropping to 0.9688.

This high-to-low spread represents a total annual volatility of 0.0935 PEN. From a start-to-finish perspective, comparing the January average rate of 1.0409 to the December average rate of 1.0173, the exchange rate registered a net change of -2.26% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.0623 was down 2.44% compared to the 2022 peak of 1.0889, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,311 PEN

2022 Average 5,218 PEN

Yearly Trough Low 4,844 PEN

Transaction Impact: A difference of 467.46 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.0517

0.9732

JanuMarcMayJulySeptNove

AED to PEN 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 1.0222, compared to 1.0146 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0075 points.

H1 Avg (Jan–Jun) 1.0222

H2 Avg (Jul–Dec) 1.0146

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0367 PEN (High: 1.0623 / Low: 1.0256). On the other end, May was the most stable month, with a tight range of 0.0174 PEN (High: 1.0109 / Low: 0.9935).

January Spread (Volatile) ±0.0367

May Spread (Stable) ±0.0174

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 April and May, when the average rate fell by 0.0199 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0199

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 1.0409) against the same month in 2022 (average: 1.0600), the exchange rate shifted by -0.0191 (-1.80%).

2023 Avg (January) 1.0409

2022 Avg (January) 1.0600

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0623	1.0256	1.0409
February	1.0602	1.0351	1.0448
March	1.0365	1.0173	1.0284
April	1.0307	1.0025	1.0231
May	1.0109	0.9935	1.0031
June	1.0071	0.9820	0.9927
July	0.9915	0.9688	0.9797
August	1.0157	0.9818	1.0051
September	1.0340	1.0055	1.0139
October	1.0558	1.0330	1.0452
November	1.0479	1.0150	1.0266
December	1.0311	1.0047	1.0173