2023 PEN to AZN Historical Review

YEARLY HIGH

0.4777 AZN

YEARLY LOW

0.4357 AZN

YEARLY AVERAGE

0.4547 AZN

2023 PEN to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PEN to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 0.4777. Conversely, the yearly low was recorded on January 26, dropping to 0.4357.

This high-to-low spread represents a total annual volatility of 0.0420 AZN. From a start-to-finish perspective, comparing the January average rate of 0.4447 to the December average rate of 0.4550, the exchange rate registered a net change of 2.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4777 was up 2.18% compared to the 2022 peak of 0.4675, 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 2,389 AZN

2022 Average 2,218 AZN

Yearly Trough Low 2,178 AZN

Transaction Impact: A difference of 210.24 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4755

0.4399

JanuMarcMayJulySeptNove

PEN to AZN 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 0.4530, compared to 0.4564 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0034 points.

H1 Avg (Jan–Jun) 0.4530

H2 Avg (Jul–Dec) 0.4564

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 0.0157 AZN (High: 0.4714 / Low: 0.4557). On the other end, May was the most stable month, with a tight range of 0.0081 AZN (High: 0.4660 / Low: 0.4579).

August Spread (Volatile) ±0.0157

May Spread (Stable) ±0.0081

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 0.0137 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0137

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.4725) against the same month in 2022 (average: 0.4364), the exchange rate shifted by +0.0361 (+8.26%).

2023 Avg (July) 0.4725

2022 Avg (July) 0.4364

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4513	0.4357	0.4447
February	0.4471	0.4365	0.4430
March	0.4550	0.4466	0.4502
April	0.4618	0.4491	0.4525
May	0.4660	0.4579	0.4615
June	0.4713	0.4596	0.4663
July	0.4777	0.4668	0.4725
August	0.4714	0.4557	0.4605
September	0.4603	0.4476	0.4565
October	0.4481	0.4384	0.4429
November	0.4560	0.4417	0.4510
December	0.4607	0.4489	0.4550