2023 PEN to BZD Historical Review

YEARLY HIGH

0.5663 BZD

YEARLY LOW

0.5171 BZD

YEARLY AVERAGE

0.5389 BZD

2023 PEN to BZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PEN to BZD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 0.5663. Conversely, the yearly low was recorded on January 26, dropping to 0.5171.

This high-to-low spread represents a total annual volatility of 0.0492 BZD. From a start-to-finish perspective, comparing the January average rate of 0.5273 to the December average rate of 0.5401, the exchange rate registered a net change of 2.43% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5663 was up 2.17% compared to the 2022 peak of 0.5542, 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 2,831 BZD

2022 Average 2,630 BZD

Yearly Trough Low 2,585 BZD

Transaction Impact: A difference of 246.00 BZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5630

0.5212

JanuMarcMayJulySeptNove

PEN to BZD 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 0.5368, compared to 0.5409 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0042 points.

H1 Avg (Jan–Jun) 0.5368

H2 Avg (Jul–Dec) 0.5409

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0193 BZD (High: 0.5404 / Low: 0.5212). On the other end, March was the most stable month, with a tight range of 0.0088 BZD (High: 0.5369 / Low: 0.5281).

November Spread (Volatile) ±0.0193

March Spread (Stable) ±0.0088

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 0.0165 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0165

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.5595) against the same month in 2022 (average: 0.5173), the exchange rate shifted by +0.0422 (+8.16%).

2023 Avg (July) 0.5595

2022 Avg (July) 0.5173

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5341	0.5171	0.5273
February	0.5299	0.5174	0.5253
March	0.5369	0.5281	0.5323
April	0.5441	0.5328	0.5360
May	0.5527	0.5419	0.5469
June	0.5589	0.5450	0.5528
July	0.5663	0.5533	0.5595
August	0.5592	0.5403	0.5460
September	0.5458	0.5318	0.5412
October	0.5322	0.5196	0.5247
November	0.5404	0.5212	0.5340
December	0.5472	0.5327	0.5401