2023 BAM to PEN Historical Review

YEARLY HIGH

2.1727 PEN

YEARLY LOW

2.0024 PEN

YEARLY AVERAGE

2.0687 PEN

2023 BAM to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BAM to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 26, valuing the pair at 2.1727. Conversely, the yearly low was recorded on June 17, dropping to 2.0024.

This high-to-low spread represents a total annual volatility of 0.1702 PEN. From a start-to-finish perspective, comparing the January average rate of 2.1038 to the December average rate of 2.0851, the exchange rate registered a net change of -0.89% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.1727 was down 5.92% compared to the 2022 peak of 2.3093, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,863 PEN

2022 Average 10,323 PEN

Yearly Trough Low 10,012 PEN

Transaction Impact: A difference of 851.20 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.1169

2.0113

JanuMarcMayJulySeptNove

BAM 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 2.0750, compared to 2.0623 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0127 points.

H1 Avg (Jan–Jun) 2.0750

H2 Avg (Jul–Dec) 2.0623

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.1409 PEN (High: 2.1727 / Low: 2.0318). On the other end, September was the most stable month, with a tight range of 0.0307 PEN (High: 2.0558 / Low: 2.0250).

January Spread (Volatile) ±0.1409

September Spread (Stable) ±0.0307

Growth Streaks & Declines

Trends

Between September and December, 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 0.0595 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0595

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 2.1038) against the same month in 2022 (average: 2.2534), the exchange rate shifted by -0.1496 (-6.64%).

2023 Avg (January) 2.1038

2022 Avg (January) 2.2534

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.1727	2.0318	2.1038
February	2.1611	2.0568	2.1022
March	2.0979	2.0403	2.0674
April	2.1372	2.0807	2.1081
May	2.0970	2.0133	2.0487
June	2.0412	2.0024	2.0201
July	2.0547	2.0096	2.0345
August	2.0846	2.0242	2.0599
September	2.0558	2.0250	2.0362
October	2.1035	2.0330	2.0745
November	2.1488	2.0537	2.0838
December	2.1123	2.0601	2.0851