2023 PEN to BBD Historical Review

YEARLY HIGH

0.5621 BBD

YEARLY LOW

0.5126 BBD

YEARLY AVERAGE

0.5349 BBD

2023 PEN to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PEN to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 0.5621. Conversely, the yearly low was recorded on January 26, dropping to 0.5126.

This high-to-low spread represents a total annual volatility of 0.0495 BBD. From a start-to-finish perspective, comparing the January average rate of 0.5232 to the December average rate of 0.5353, 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 0.5621 was up 2.18% compared to the 2022 peak of 0.5501, 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 2,810 BBD

2022 Average 2,610 BBD

Yearly Trough Low 2,563 BBD

Transaction Impact: A difference of 247.34 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5593

0.5175

JanuMarcMayJulySeptNove

PEN to BBD 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 0.5330, compared to 0.5369 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0040 points.

H1 Avg (Jan–Jun) 0.5330

H2 Avg (Jul–Dec) 0.5369

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 0.0185 BBD (High: 0.5546 / Low: 0.5361). On the other end, May was the most stable month, with a tight range of 0.0095 BBD (High: 0.5482 / Low: 0.5387).

August Spread (Volatile) ±0.0185

May Spread (Stable) ±0.0095

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 0.0161 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0161

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.5558) against the same month in 2022 (average: 0.5134), the exchange rate shifted by +0.0424 (+8.25%).

2023 Avg (July) 0.5558

2022 Avg (July) 0.5134

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5309	0.5126	0.5232
February	0.5260	0.5136	0.5212
March	0.5353	0.5254	0.5295
April	0.5433	0.5284	0.5324
May	0.5482	0.5387	0.5429
June	0.5545	0.5407	0.5486
July	0.5621	0.5492	0.5558
August	0.5546	0.5361	0.5418
September	0.5415	0.5266	0.5371
October	0.5271	0.5157	0.5210
November	0.5365	0.5197	0.5305
December	0.5420	0.5282	0.5353