YEARLY HIGH
0.5063 ANG
YEARLY LOW
0.4624 ANG
YEARLY AVERAGE
0.4818 ANG

2023 PEN to ANG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PEN to ANG exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 0.5063. Conversely, the yearly low was recorded on January 26, dropping to 0.4624.

This high-to-low spread represents a total annual volatility of 0.0439 ANG. From a start-to-finish perspective, comparing the January average rate of 0.4714 to the December average rate of 0.4829, the exchange rate registered a net change of 2.43% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5063 was up 2.17% compared to the 2022 peak of 0.4956, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,531 ANG
2022 Average 2,352 ANG
Yearly Trough Low 2,312 ANG
Transaction Impact: A difference of 219.35 ANG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5034
0.4661
JanuMarcMayJulySeptNove

PEN to ANG 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 0.4800, compared to 0.4837 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0036 points.

H1 Avg (Jan–Jun) 0.4800
H2 Avg (Jul–Dec) 0.4837

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0172 ANG (High: 0.4832 / Low: 0.4660). On the other end, March was the most stable month, with a tight range of 0.0068 ANG (High: 0.4801 / Low: 0.4733).

November Spread (Volatile) ±0.0172
March Spread (Stable) ±0.0068

Growth Streaks & Declines

Trends

Between 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 September and October, when the average rate fell by 0.0147 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0147

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.5003) against the same month in 2022 (average: 0.4625), the exchange rate shifted by +0.0378 (+8.16%).

2023 Avg (July) 0.5003
2022 Avg (July) 0.4625

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4776 0.4624 0.4714
February 0.4738 0.4626 0.4697
March 0.4801 0.4733 0.4765
April 0.4865 0.4764 0.4792
May 0.4942 0.4845 0.4891
June 0.4997 0.4873 0.4943
July 0.5063 0.4947 0.5003
August 0.5000 0.4830 0.4882
September 0.4880 0.4755 0.4839
October 0.4758 0.4646 0.4692
November 0.4832 0.4660 0.4775
December 0.4893 0.4763 0.4829