2023 PEN to AMD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 PEN to AMD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the PEN to AMD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 5, valuing the pair at 112.7569. Conversely, the yearly low was recorded on January 26, dropping to 101.5087.
This high-to-low spread represents a total annual volatility of 11.2482 AMD. From a start-to-finish perspective, comparing the January average rate of 103.4634 to the December average rate of 108.2478, the exchange rate registered a net change of 4.62% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 112.7569 was down 19.10% compared to the 2022 peak of 139.3704, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 PEN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
PEN to AMD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 103.8635, compared to 106.0331 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.1696 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was October, with a trading range of 9.1481 AMD (High: 112.7569 / Low: 103.6088). On the other end, March was the most stable month, with a tight range of 1.8000 AMD (High: 103.8034 / Low: 102.0034).
Growth Streaks & Declines
TrendsBetween February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 2.9782 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2023: 105.2518) against the same month in 2022 (average: 101.5402), the exchange rate shifted by +3.7116 (+3.66%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 104.9666 | 101.5087 | 103.4634 |
| February | 103.6330 | 101.8285 | 102.6847 |
| March | 103.8034 | 102.0034 | 102.7776 |
| April | 104.4021 | 102.5583 | 103.3401 |
| May | 106.0513 | 104.2059 | 104.9453 |
| June | 106.9415 | 104.4112 | 105.9697 |
| July | 109.6638 | 106.0816 | 107.6670 |
| August | 107.3671 | 103.5062 | 104.6888 |
| September | 104.7351 | 102.3746 | 103.7584 |
| October | 112.7569 | 103.6088 | 105.2518 |
| November | 107.9327 | 104.1261 | 106.5845 |
| December | 109.8103 | 106.7949 | 108.2478 |