2023 AZN to PEN Historical Review

YEARLY HIGH

2.2952 PEN

YEARLY LOW

2.0932 PEN

YEARLY AVERAGE

2.2001 PEN

2023 AZN to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AZN to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 26, valuing the pair at 2.2952. Conversely, the yearly low was recorded on July 17, dropping to 2.0932.

This high-to-low spread represents a total annual volatility of 0.2020 PEN. From a start-to-finish perspective, comparing the January average rate of 2.2489 to the December average rate of 2.1978, the exchange rate registered a net change of -2.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.2952 was down 2.44% compared to the 2022 peak of 2.3526, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,476 PEN

2022 Average 11,275 PEN

Yearly Trough Low 10,466 PEN

Transaction Impact: A difference of 1,010.01 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.2724

2.1023

JanuMarcMayJulySeptNove

AZN 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 2.2082, compared to 2.1920 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0162 points.

H1 Avg (Jan–Jun) 2.2082

H2 Avg (Jul–Dec) 2.1920

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0792 PEN (High: 2.2952 / Low: 2.2159). On the other end, May was the most stable month, with a tight range of 0.0377 PEN (High: 2.1837 / Low: 2.1460).

January Spread (Volatile) ±0.0792

May Spread (Stable) ±0.0377

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 0.0431 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0431

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 2.2489) against the same month in 2022 (average: 2.2905), the exchange rate shifted by -0.0415 (-1.81%).

2023 Avg (January) 2.2489

2022 Avg (January) 2.2905

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.2952	2.2159	2.2489
February	2.2907	2.2365	2.2574
March	2.2393	2.1980	2.2214
April	2.2266	2.1653	2.2100
May	2.1837	2.1460	2.1669
June	2.1758	2.1217	2.1445
July	2.1422	2.0932	2.1165
August	2.1944	2.1213	2.1715
September	2.2341	2.1726	2.1905
October	2.2812	2.2318	2.2582
November	2.2639	2.1928	2.2176
December	2.2275	2.1706	2.1978