YEARLY HIGH
0.2496 CHF
YEARLY LOW
0.2273 CHF
YEARLY AVERAGE
0.2403 CHF

2023 PEN to CHF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PEN to CHF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 2, valuing the pair at 0.2496. Conversely, the yearly low was recorded on December 31, dropping to 0.2273.

This high-to-low spread represents a total annual volatility of 0.0224 CHF. From a start-to-finish perspective, comparing the January average rate of 0.2417 to the December average rate of 0.2312, the exchange rate registered a net change of -4.35% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2496 was down 6.16% compared to the 2022 peak of 0.2660, 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 1,248 CHF
2022 Average 1,246 CHF
Yearly Trough Low 1,136 CHF
Transaction Impact: A difference of 111.85 CHF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2485
0.2296
JanuMarcMayJulySeptNove

PEN to CHF 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 0.2430, compared to 0.2376 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0055 points.

H1 Avg (Jan–Jun) 0.2430
H2 Avg (Jul–Dec) 0.2376

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 0.0128 CHF (High: 0.2426 / Low: 0.2298). On the other end, September was the most stable month, with a tight range of 0.0045 CHF (High: 0.2434 / Low: 0.2389).

October Spread (Volatile) ±0.0128
September Spread (Stable) ±0.0045

Growth Streaks & Declines

Trends

Between April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0060 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0060

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.2450) against the same month in 2022 (average: 0.2485), the exchange rate shifted by -0.0035 (-1.41%).

2023 Avg (March) 0.2450
2022 Avg (March) 0.2485

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2462 0.2359 0.2417
February 0.2477 0.2359 0.2415
March 0.2496 0.2407 0.2450
April 0.2442 0.2356 0.2393
May 0.2478 0.2380 0.2438
June 0.2493 0.2446 0.2469
July 0.2480 0.2395 0.2430
August 0.2420 0.2357 0.2380
September 0.2434 0.2389 0.2414
October 0.2426 0.2298 0.2354
November 0.2400 0.2301 0.2364
December 0.2345 0.2273 0.2312