2023 BBD to PEN Historical Review

YEARLY HIGH

1.9509 PEN

YEARLY LOW

1.7792 PEN

YEARLY AVERAGE

1.8702 PEN

2023 BBD to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BBD to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 26, valuing the pair at 1.9509. Conversely, the yearly low was recorded on July 17, dropping to 1.7792.

This high-to-low spread represents a total annual volatility of 0.1717 PEN. From a start-to-finish perspective, comparing the January average rate of 1.9116 to the December average rate of 1.8681, 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 1.9509 was down 2.44% compared to the 2022 peak of 1.9997, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9,754 PEN

2022 Average 9,583 PEN

Yearly Trough Low 8,896 PEN

Transaction Impact: A difference of 858.51 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.9315

1.7872

JanuMarcMayJulySeptNove

BBD 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 1.8771, compared to 1.8633 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0138 points.

H1 Avg (Jan–Jun) 1.8771

H2 Avg (Jul–Dec) 1.8633

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0674 PEN (High: 1.9509 / Low: 1.8835). On the other end, May was the most stable month, with a tight range of 0.0321 PEN (High: 1.8562 / Low: 1.8241).

January Spread (Volatile) ±0.0674

May Spread (Stable) ±0.0321

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 0.0367 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0367

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 1.9116) against the same month in 2022 (average: 1.9467), the exchange rate shifted by -0.0351 (-1.80%).

2023 Avg (January) 1.9116

2022 Avg (January) 1.9467

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.9509	1.8835	1.9116
February	1.9471	1.9010	1.9188
March	1.9034	1.8683	1.8886
April	1.8926	1.8405	1.8785
May	1.8562	1.8241	1.8419
June	1.8494	1.8035	1.8230
July	1.8208	1.7792	1.7992
August	1.8653	1.8031	1.8458
September	1.8990	1.8467	1.8620
October	1.9390	1.8971	1.9195
November	1.9244	1.8639	1.8853
December	1.8934	1.8450	1.8681