2023 PEN to KPW Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 PEN to KPW Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the PEN to KPW exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 252.9245. Conversely, the yearly low was recorded on January 26, dropping to 230.6642.
This high-to-low spread represents a total annual volatility of 22.2603 KPW. From a start-to-finish perspective, comparing the January average rate of 235.4208 to the December average rate of 240.9023, the exchange rate registered a net change of 2.33% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 252.9245 was up 2.18% compared to the 2022 peak of 247.5226, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 PEN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
PEN to KPW Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 239.8282, compared to 241.6147 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.7866 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was August, with a trading range of 8.3125 KPW (High: 249.5671 / Low: 241.2545). On the other end, May was the most stable month, with a tight range of 4.2637 KPW (High: 246.7000 / Low: 242.4363).
Growth Streaks & Declines
TrendsBetween February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 7.2453 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2023: 250.1194) against the same month in 2022 (average: 231.0510), the exchange rate shifted by +19.0685 (+8.25%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 238.9128 | 230.6642 | 235.4208 |
| February | 236.7120 | 231.1100 | 234.5270 |
| March | 240.8632 | 236.4201 | 238.2796 |
| April | 244.4987 | 237.7678 | 239.5587 |
| May | 246.7000 | 242.4363 | 244.3246 |
| June | 249.5170 | 243.3171 | 246.8582 |
| July | 252.9245 | 247.1379 | 250.1194 |
| August | 249.5671 | 241.2545 | 243.8079 |
| September | 243.6783 | 236.9699 | 241.6989 |
| October | 237.2085 | 232.0806 | 234.4535 |
| November | 241.4309 | 233.8445 | 238.7064 |
| December | 243.9024 | 237.6683 | 240.9023 |