2023 PEN to CAD Historical Review

YEARLY HIGH

0.3744 CAD

YEARLY LOW

0.3413 CAD

YEARLY AVERAGE

0.3611 CAD

2023 PEN to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PEN to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 13, valuing the pair at 0.3744. Conversely, the yearly low was recorded on January 26, dropping to 0.3413.

This high-to-low spread represents a total annual volatility of 0.0331 CAD. From a start-to-finish perspective, comparing the January average rate of 0.3511 to the December average rate of 0.3589, the exchange rate registered a net change of 2.25% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3744 was up 4.37% compared to the 2022 peak of 0.3587, 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 1,872 CAD

2022 Average 1,698 CAD

Yearly Trough Low 1,707 CAD

Transaction Impact: A difference of 165.38 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3694

0.3490

JanuMarcMayJulySeptNove

PEN to CAD 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 0.3593, compared to 0.3628 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0034 points.

H1 Avg (Jan–Jun) 0.3593

H2 Avg (Jul–Dec) 0.3628

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0176 CAD (High: 0.3589 / Low: 0.3413). On the other end, June was the most stable month, with a tight range of 0.0052 CAD (High: 0.3668 / Low: 0.3616).

January Spread (Volatile) ±0.0176

June Spread (Stable) ±0.0052

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0067 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0067

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 0.3673) against the same month in 2022 (average: 0.3422), the exchange rate shifted by +0.0251 (+7.32%).

2023 Avg (May) 0.3673

2022 Avg (May) 0.3422

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3589	0.3413	0.3511
February	0.3588	0.3452	0.3507
March	0.3686	0.3582	0.3627
April	0.3686	0.3535	0.3598
May	0.3744	0.3609	0.3673
June	0.3668	0.3616	0.3645
July	0.3710	0.3637	0.3677
August	0.3686	0.3623	0.3653
September	0.3694	0.3559	0.3639
October	0.3630	0.3526	0.3572
November	0.3668	0.3566	0.3635
December	0.3626	0.3538	0.3589