2023 NAD to PEN Historical Review

YEARLY HIGH

0.2284 PEN

YEARLY LOW

0.1861 PEN

YEARLY AVERAGE

0.2025 PEN

2023 NAD to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NAD to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 6, valuing the pair at 0.2284. Conversely, the yearly low was recorded on August 14, dropping to 0.1861.

This high-to-low spread represents a total annual volatility of 0.0423 PEN. From a start-to-finish perspective, comparing the January average rate of 0.2239 to the December average rate of 0.2000, the exchange rate registered a net change of -10.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2284 was down 11.48% compared to the 2022 peak of 0.2580, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,142 PEN

2022 Average 1,179 PEN

Yearly Trough Low 930 PEN

Transaction Impact: A difference of 211.66 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2269

0.1901

JanuMarcMayJulySeptNove

NAD 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 0.2066, compared to 0.1984 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0083 points.

H1 Avg (Jan–Jun) 0.2066

H2 Avg (Jul–Dec) 0.1984

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0219 PEN (High: 0.2284 / Low: 0.2065). On the other end, January was the most stable month, with a tight range of 0.0055 PEN (High: 0.2267 / Low: 0.2212).

February Spread (Volatile) ±0.0219

January Spread (Stable) ±0.0055

Growth Streaks & Declines

Trends

Between August and November, 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 0.0136 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0136

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.2148) against the same month in 2022 (average: 0.2489), the exchange rate shifted by -0.0341 (-13.70%).

2023 Avg (February) 0.2148

2022 Avg (February) 0.2489

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2267	0.2212	0.2239
February	0.2284	0.2065	0.2148
March	0.2105	0.2029	0.2067
April	0.2120	0.2011	0.2067
May	0.2031	0.1861	0.1931
June	0.2004	0.1862	0.1947
July	0.2040	0.1914	0.1973
August	0.2000	0.1861	0.1959
September	0.2007	0.1923	0.1963
October	0.2057	0.1912	0.1994
November	0.2095	0.1894	0.2012
December	0.2069	0.1963	0.2000