2023 PEN to CDF Historical Review

YEARLY HIGH

753.2561 CDF

YEARLY LOW

527.4602 CDF

YEARLY AVERAGE

624.9786 CDF

2023 PEN to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PEN to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 753.2561. Conversely, the yearly low was recorded on January 26, dropping to 527.4602.

This high-to-low spread represents a total annual volatility of 225.7959 CDF. From a start-to-finish perspective, comparing the January average rate of 535.8919 to the December average rate of 728.7507, the exchange rate registered a net change of 35.99% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 753.2561 was up 36.55% compared to the 2022 peak of 551.6398, 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 3,766,281 CDF

2022 Average 2,635,436 CDF

Yearly Trough Low 2,637,301 CDF

Transaction Impact: A difference of 1,128,979.41 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

748.0366

516.6061

JanuMarcMayJulySeptNove

PEN to CDF 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 569.4082, compared to 680.5490 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 111.1408 points.

H1 Avg (Jan–Jun) 569.4082

H2 Avg (Jul–Dec) 680.5490

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 88.2412 CDF (High: 729.9876 / Low: 641.7464). On the other end, March was the most stable month, with a tight range of 12.7911 CDF (High: 553.0027 / Low: 540.2116).

November Spread (Volatile) ±88.2412

March Spread (Stable) ±12.7911

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 15.3917 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -15.3917

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 728.7507) against the same month in 2022 (average: 534.6945), the exchange rate shifted by +194.0561 (+36.29%).

2023 Avg (December) 728.7507

2022 Avg (December) 534.6945

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	545.5334	527.4602	535.8919
February	546.7566	528.8928	537.4606
March	553.0027	540.2116	547.5042
April	589.3259	541.8757	554.0318
May	636.6735	550.5306	594.1499
June	664.9193	629.9209	647.4107
July	708.8256	664.9193	686.1949
August	687.9685	656.7484	670.8032
September	677.3259	654.9118	667.0123
October	672.5795	645.1706	655.9637
November	729.9876	641.7464	674.5691
December	753.2561	707.8353	728.7507