2023 PEN to BIF Historical Review

YEARLY HIGH

794.8155 BIF

YEARLY LOW

530.7943 BIF

YEARLY AVERAGE

681.7879 BIF

2023 PEN to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PEN to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 794.8155. Conversely, the yearly low was recorded on January 26, dropping to 530.7943.

This high-to-low spread represents a total annual volatility of 264.0211 BIF. From a start-to-finish perspective, comparing the January average rate of 541.1806 to the December average rate of 763.0580, the exchange rate registered a net change of 41.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 794.8155 was up 42.01% compared to the 2022 peak of 559.6723, 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 3,974,077 BIF

2022 Average 2,664,795 BIF

Yearly Trough Low 2,653,972 BIF

Transaction Impact: A difference of 1,320,105.63 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

810.9555

515.6363

JanuMarcMayJulySeptNove

PEN to BIF 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 601.6975, compared to 761.8783 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 160.1808 points.

H1 Avg (Jan–Jun) 601.6975

H2 Avg (Jul–Dec) 761.8783

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 209.2842 BIF (High: 769.1888 / Low: 559.9046). On the other end, March was the most stable month, with a tight range of 8.4637 BIF (High: 554.1911 / Low: 545.7274).

May Spread (Volatile) ±209.2842

March Spread (Stable) ±8.4637

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 22.2066 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -22.2066

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 786.3455) against the same month in 2022 (average: 527.8069), the exchange rate shifted by +258.5386 (+48.98%).

2023 Avg (July) 786.3455

2022 Avg (July) 527.8069

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	548.5796	530.7943	541.1806
February	546.1289	532.0504	540.2463
March	554.1911	545.7274	549.6902
April	562.8290	549.6941	553.4647
May	769.1888	559.9046	649.5674
June	787.3649	763.7453	776.0358
July	794.8155	775.9262	786.3455
August	785.5873	759.9517	767.7465
September	768.3570	748.0774	761.5909
October	749.4117	732.7419	739.3843
November	763.6656	734.8774	753.1447
December	773.9837	753.1190	763.0580