2023 AWG to PEN Historical Review

YEARLY HIGH

2.1677 PEN

YEARLY LOW

1.9741 PEN

YEARLY AVERAGE

2.0771 PEN

2023 AWG to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AWG to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 26, valuing the pair at 2.1677. Conversely, the yearly low was recorded on July 17, dropping to 1.9741.

This high-to-low spread represents a total annual volatility of 0.1935 PEN. From a start-to-finish perspective, comparing the January average rate of 2.1227 to the December average rate of 2.0744, the exchange rate registered a net change of -2.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.1677 was down 2.31% compared to the 2022 peak of 2.2188, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,838 PEN

2022 Average 10,648 PEN

Yearly Trough Low 9,871 PEN

Transaction Impact: A difference of 967.60 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.1450

1.9837

JanuMarcMayJulySeptNove

AWG 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 2.0843, compared to 2.0699 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0144 points.

H1 Avg (Jan–Jun) 2.0843

H2 Avg (Jul–Dec) 2.0699

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0748 PEN (High: 2.1677 / Low: 2.0928). On the other end, March was the most stable month, with a tight range of 0.0358 PEN (High: 2.1116 / Low: 2.0759).

January Spread (Volatile) ±0.0748

March Spread (Stable) ±0.0358

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 0.0407 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0407

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 2.1227) against the same month in 2022 (average: 2.1637), the exchange rate shifted by -0.0410 (-1.90%).

2023 Avg (January) 2.1227

2022 Avg (January) 2.1637

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.1677	2.0928	2.1227
February	2.1635	2.1123	2.1310
March	2.1116	2.0759	2.0974
April	2.1029	2.0450	2.0857
May	2.0624	2.0264	2.0451
June	2.0521	2.0039	2.0240
July	2.0232	1.9741	1.9971
August	2.0725	2.0035	2.0495
September	2.1070	2.0518	2.0682
October	2.1514	2.1055	2.1316
November	2.1382	2.0696	2.0984
December	2.1038	2.0478	2.0744