2023 GMD to PEN Historical Review

YEARLY HIGH

0.0638 PEN

YEARLY LOW

0.0547 PEN

YEARLY AVERAGE

0.0601 PEN

2023 GMD to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GMD to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 6, valuing the pair at 0.0638. Conversely, the yearly low was recorded on December 26, dropping to 0.0547.

This high-to-low spread represents a total annual volatility of 0.0091 PEN. From a start-to-finish perspective, comparing the January average rate of 0.0616 to the December average rate of 0.0555, the exchange rate registered a net change of -10.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0638 was down 15.62% compared to the 2022 peak of 0.0757, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 319 PEN

2022 Average 347 PEN

Yearly Trough Low 274 PEN

Transaction Impact: A difference of 45.46 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0635

0.0547

JanuMarcMayJulySeptNove

GMD 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 0.0616, compared to 0.0587 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0030 points.

H1 Avg (Jan–Jun) 0.0616

H2 Avg (Jul–Dec) 0.0587

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.0035 PEN (High: 0.0613 / Low: 0.0578). On the other end, May was the most stable month, with a tight range of 0.0011 PEN (High: 0.0621 / Low: 0.0610).

September Spread (Volatile) ±0.0035

May Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0021 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0021

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0628) against the same month in 2022 (average: 0.0714), the exchange rate shifted by -0.0086 (-11.99%).

2023 Avg (February) 0.0628

2022 Avg (February) 0.0714

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0631	0.0607	0.0616
February	0.0638	0.0622	0.0628
March	0.0622	0.0604	0.0615
April	0.0618	0.0601	0.0608
May	0.0621	0.0610	0.0616
June	0.0621	0.0606	0.0613
July	0.0611	0.0597	0.0603
August	0.0616	0.0597	0.0609
September	0.0613	0.0578	0.0603
October	0.0591	0.0579	0.0585
November	0.0589	0.0554	0.0564
December	0.0565	0.0547	0.0555