2023 PEN to BOB Historical Review

YEARLY HIGH

1.9412 BOB

YEARLY LOW

1.7725 BOB

YEARLY AVERAGE

1.8476 BOB

2023 PEN to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PEN to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 1.9412. Conversely, the yearly low was recorded on January 26, dropping to 1.7725.

This high-to-low spread represents a total annual volatility of 0.1686 BOB. From a start-to-finish perspective, comparing the January average rate of 1.8075 to the December average rate of 1.8517, the exchange rate registered a net change of 2.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.9412 was up 2.69% compared to the 2022 peak of 1.8904, 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 9,706 BOB

2022 Average 8,995 BOB

Yearly Trough Low 8,863 BOB

Transaction Impact: A difference of 843.16 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.9305

1.7868

JanuMarcMayJulySeptNove

PEN to BOB 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 1.8407, compared to 1.8544 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0137 points.

H1 Avg (Jan–Jun) 1.8407

H2 Avg (Jul–Dec) 1.8544

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0661 BOB (High: 1.8528 / Low: 1.7868). On the other end, March was the most stable month, with a tight range of 0.0261 BOB (High: 1.8406 / Low: 1.8145).

November Spread (Volatile) ±0.0661

March Spread (Stable) ±0.0261

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 0.0565 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0565

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 1.9185) against the same month in 2022 (average: 1.7650), the exchange rate shifted by +0.1536 (+8.70%).

2023 Avg (July) 1.9185

2022 Avg (July) 1.7650

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.8310	1.7725	1.8075
February	1.8165	1.7738	1.8009
March	1.8406	1.8145	1.8269
April	1.8771	1.8273	1.8389
May	1.8948	1.8576	1.8751
June	1.9158	1.8684	1.8950
July	1.9412	1.8967	1.9185
August	1.9169	1.8521	1.8719
September	1.8710	1.8230	1.8553
October	1.8243	1.7813	1.7988
November	1.8528	1.7868	1.8306
December	1.8760	1.8260	1.8517