2023 PEN to BND Historical Review

YEARLY HIGH

0.3747 BND

YEARLY LOW

0.3365 BND

YEARLY AVERAGE

0.3591 BND

2023 PEN to BND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PEN to BND exchange rate experienced significant fluctuation. The market reached its absolute peak on June 30, valuing the pair at 0.3747. Conversely, the yearly low was recorded on January 26, dropping to 0.3365.

This high-to-low spread represents a total annual volatility of 0.0382 BND. From a start-to-finish perspective, comparing the January average rate of 0.3471 to the December average rate of 0.3566, the exchange rate registered a net change of 2.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3747 was down 0.21% compared to the 2022 peak of 0.3755, 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 1,873 BND

2022 Average 1,799 BND

Yearly Trough Low 1,682 BND

Transaction Impact: A difference of 190.91 BND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3732

0.3447

JanuMarcMayJulySeptNove

PEN to BND 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 0.3559, compared to 0.3622 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0063 points.

H1 Avg (Jan–Jun) 0.3559

H2 Avg (Jul–Dec) 0.3622

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0195 BND (High: 0.3560 / Low: 0.3365). On the other end, July was the most stable month, with a tight range of 0.0058 BND (High: 0.3747 / Low: 0.3688).

January Spread (Volatile) ±0.0195

July Spread (Stable) ±0.0058

Growth Streaks & Declines

Trends

Between April and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0093 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0093

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.3691) against the same month in 2022 (average: 0.3696), the exchange rate shifted by -0.0005 (-0.13%).

2023 Avg (June) 0.3691

2022 Avg (June) 0.3696

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3560	0.3365	0.3471
February	0.3546	0.3401	0.3471
March	0.3580	0.3517	0.3547
April	0.3609	0.3507	0.3541
May	0.3689	0.3575	0.3635
June	0.3747	0.3649	0.3691
July	0.3747	0.3688	0.3709
August	0.3699	0.3633	0.3658
September	0.3686	0.3594	0.3659
October	0.3622	0.3538	0.3566
November	0.3607	0.3490	0.3576
December	0.3593	0.3513	0.3566