2023 PEN to EUR Historical Review

YEARLY HIGH

0.2550 EUR

YEARLY LOW

0.2353 EUR

YEARLY AVERAGE

0.2471 EUR

2023 PEN to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PEN to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 12, valuing the pair at 0.2550. Conversely, the yearly low was recorded on January 26, dropping to 0.2353.

This high-to-low spread represents a total annual volatility of 0.0197 EUR. From a start-to-finish perspective, comparing the January average rate of 0.2425 to the December average rate of 0.2450, the exchange rate registered a net change of 1.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2550 was down 4.09% compared to the 2022 peak of 0.2658, 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 1,275 EUR

2022 Average 1,240 EUR

Yearly Trough Low 1,176 EUR

Transaction Impact: A difference of 98.46 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2540

0.2412

JanuMarcMayJulySeptNove

PEN to EUR 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 0.2463, compared to 0.2480 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0017 points.

H1 Avg (Jan–Jun) 0.2463

H2 Avg (Jul–Dec) 0.2480

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0146 EUR (High: 0.2499 / Low: 0.2353). On the other end, June was the most stable month, with a tight range of 0.0047 EUR (High: 0.2550 / Low: 0.2503).

January Spread (Volatile) ±0.0146

June Spread (Stable) ±0.0047

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 September and October, when the average rate fell by 0.0049 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0049

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.2529) against the same month in 2022 (average: 0.2527), the exchange rate shifted by +0.0003 (+0.10%).

2023 Avg (June) 0.2529

2022 Avg (June) 0.2527

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2499	0.2353	0.2425
February	0.2492	0.2361	0.2435
March	0.2510	0.2432	0.2471
April	0.2467	0.2387	0.2422
May	0.2546	0.2411	0.2496
June	0.2550	0.2503	0.2529
July	0.2539	0.2489	0.2513
August	0.2519	0.2457	0.2483
September	0.2537	0.2489	0.2515
October	0.2515	0.2417	0.2466
November	0.2488	0.2380	0.2451
December	0.2480	0.2405	0.2450