2023 CAD to PEN Historical Review

YEARLY HIGH

2.9298 PEN

YEARLY LOW

2.6710 PEN

YEARLY AVERAGE

2.7705 PEN

2023 CAD to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CAD to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 26, valuing the pair at 2.9298. Conversely, the yearly low was recorded on May 13, dropping to 2.6710.

This high-to-low spread represents a total annual volatility of 0.2588 PEN. From a start-to-finish perspective, comparing the January average rate of 2.8490 to the December average rate of 2.7861, the exchange rate registered a net change of -2.21% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.9298 was down 7.17% compared to the 2022 peak of 3.1561, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 14,649 PEN

2022 Average 14,730 PEN

Yearly Trough Low 13,355 PEN

Transaction Impact: A difference of 1,294.15 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.8650

2.7067

JanuMarcMayJulySeptNove

CAD 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 2.7841, compared to 2.7570 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0270 points.

H1 Avg (Jan–Jun) 2.7841

H2 Avg (Jul–Dec) 2.7570

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.1436 PEN (High: 2.9298 / Low: 2.7862). On the other end, June was the most stable month, with a tight range of 0.0392 PEN (High: 2.7659 / Low: 2.7266).

January Spread (Volatile) ±0.1436

June Spread (Stable) ±0.0392

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 February and March, when the average rate fell by 0.0948 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0948

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 2.8490) against the same month in 2022 (average: 3.0832), the exchange rate shifted by -0.2342 (-7.59%).

2023 Avg (January) 2.8490

2022 Avg (January) 3.0832

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.9298	2.7862	2.8490
February	2.8971	2.7871	2.8518
March	2.7921	2.7133	2.7570
April	2.8286	2.7128	2.7797
May	2.7710	2.6710	2.7230
June	2.7659	2.7266	2.7438
July	2.7498	2.6954	2.7199
August	2.7602	2.7128	2.7376
September	2.8101	2.7072	2.7483
October	2.8358	2.7548	2.7994
November	2.8045	2.7266	2.7508
December	2.8265	2.7581	2.7861