2023 PEN to COP Historical Review

YEARLY HIGH

1307.2262 COP

YEARLY LOW

1037.9831 COP

YEARLY AVERAGE

1155.9649 COP

2023 PEN to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PEN to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 1307.2262. Conversely, the yearly low was recorded on December 28, dropping to 1037.9831.

This high-to-low spread represents a total annual volatility of 269.2432 COP. From a start-to-finish perspective, comparing the January average rate of 1233.1236 to the December average rate of 1059.0901, the exchange rate registered a net change of -14.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1307.2262 was down 0.76% compared to the 2022 peak of 1317.1741, 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 6,536,131 COP

2022 Average 5,548,719 COP

Yearly Trough Low 5,189,915 COP

Transaction Impact: A difference of 1,346,215.80 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1279.6804

1039.0364

JanuMarcMayJulySeptNove

PEN to COP 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 1222.3998, compared to 1089.5300 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 132.8698 points.

H1 Avg (Jan–Jun) 1222.3998

H2 Avg (Jul–Dec) 1089.5300

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 152.3321 COP (High: 1307.2262 / Low: 1154.8942). On the other end, December was the most stable month, with a tight range of 36.4957 COP (High: 1074.4788 / Low: 1037.9831).

January Spread (Volatile) ±152.3321

December Spread (Stable) ±36.4957

Growth Streaks & Declines

Trends

Between January and March, 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 May and June, when the average rate fell by 80.2960 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -80.2960

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 1233.1236) against the same month in 2022 (average: 1027.5645), the exchange rate shifted by +205.5591 (+20.00%).

2023 Avg (January) 1233.1236

2022 Avg (January) 1027.5645

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1307.2262	1154.8942	1233.1236
February	1296.8827	1199.8181	1249.7505
March	1283.1088	1227.3259	1259.6267
April	1260.4846	1164.0382	1207.0041
May	1266.2460	1195.5029	1232.5949
June	1205.8219	1122.3649	1152.2989
July	1162.8212	1090.6956	1129.6661
August	1131.7368	1077.2818	1103.1660
September	1111.9976	1049.8210	1076.7336
October	1140.4420	1063.2356	1099.5570
November	1091.6948	1041.0325	1068.9671
December	1074.4788	1037.9831	1059.0901