2023 BOB to PEN Historical Review

YEARLY HIGH

0.5642 PEN

YEARLY LOW

0.5152 PEN

YEARLY AVERAGE

0.5415 PEN

2023 BOB to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BOB to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 26, valuing the pair at 0.5642. Conversely, the yearly low was recorded on July 17, dropping to 0.5152.

This high-to-low spread represents a total annual volatility of 0.0490 PEN. From a start-to-finish perspective, comparing the January average rate of 0.5533 to the December average rate of 0.5401, the exchange rate registered a net change of -2.38% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5642 was down 2.87% compared to the 2022 peak of 0.5808, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,821 PEN

2022 Average 2,781 PEN

Yearly Trough Low 2,576 PEN

Transaction Impact: A difference of 245.05 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5594

0.5178

JanuMarcMayJulySeptNove

BOB 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 0.5435, compared to 0.5395 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0040 points.

H1 Avg (Jan–Jun) 0.5435

H2 Avg (Jul–Dec) 0.5395

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0200 PEN (High: 0.5597 / Low: 0.5397). On the other end, March was the most stable month, with a tight range of 0.0078 PEN (High: 0.5511 / Low: 0.5433).

November Spread (Volatile) ±0.0200

March Spread (Stable) ±0.0078

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 0.0105 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0105

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.5533) against the same month in 2022 (average: 0.5651), the exchange rate shifted by -0.0119 (-2.10%).

2023 Avg (January) 0.5533

2022 Avg (January) 0.5651

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5642	0.5461	0.5533
February	0.5638	0.5505	0.5553
March	0.5511	0.5433	0.5474
April	0.5473	0.5327	0.5438
May	0.5383	0.5278	0.5333
June	0.5352	0.5220	0.5277
July	0.5272	0.5152	0.5213
August	0.5399	0.5217	0.5343
September	0.5485	0.5345	0.5390
October	0.5614	0.5481	0.5560
November	0.5597	0.5397	0.5463
December	0.5476	0.5331	0.5401