2023 AFN to PEN Historical Review

YEARLY HIGH

0.0560 PEN

YEARLY LOW

0.0408 PEN

YEARLY AVERAGE

0.0456 PEN

2023 AFN to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AFN to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 18, valuing the pair at 0.0560. Conversely, the yearly low was recorded on July 18, dropping to 0.0408.

This high-to-low spread represents a total annual volatility of 0.0152 PEN. From a start-to-finish perspective, comparing the January average rate of 0.0430 to the December average rate of 0.0534, the exchange rate registered a net change of 24.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0560 was up 20.18% compared to the 2022 peak of 0.0466, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 280 PEN

2022 Average 213 PEN

Yearly Trough Low 204 PEN

Transaction Impact: A difference of 75.79 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0546

0.0404

JanuMarcMayJulySeptNove

AFN 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 0.0427, compared to 0.0484 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0056 points.

H1 Avg (Jan–Jun) 0.0427

H2 Avg (Jul–Dec) 0.0484

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0055 PEN (High: 0.0560 / Low: 0.0505). On the other end, February was the most stable month, with a tight range of 0.0012 PEN (High: 0.0434 / Low: 0.0423).

November Spread (Volatile) ±0.0055

February Spread (Stable) ±0.0012

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0013 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.0528) against the same month in 2022 (average: 0.0441), the exchange rate shifted by +0.0087 (+19.82%).

2023 Avg (November) 0.0528

2022 Avg (November) 0.0441

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0441	0.0420	0.0430
February	0.0434	0.0423	0.0428
March	0.0440	0.0423	0.0431
April	0.0443	0.0413	0.0434
May	0.0431	0.0411	0.0421
June	0.0427	0.0413	0.0421
July	0.0423	0.0408	0.0415
August	0.0455	0.0416	0.0437
September	0.0504	0.0453	0.0478
October	0.0525	0.0484	0.0508
November	0.0560	0.0505	0.0528
December	0.0543	0.0523	0.0534