2023 PEN to LBP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 PEN to LBP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the PEN to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on July 24, valuing the pair at 4254.1451. Conversely, the yearly low was recorded on January 26, dropping to 388.5457.
This high-to-low spread represents a total annual volatility of 3865.5994 LBP. From a start-to-finish perspective, comparing the January average rate of 396.5245 to the December average rate of 4028.5102, the exchange rate registered a net change of 915.95% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 4254.1451 was up 922.54% compared to the 2022 peak of 416.0366, 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 LBP 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 3325.4860, compared to 4038.3620 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 712.8760 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was February, with a trading range of 3608.0277 LBP (High: 4000.3140 / Low: 392.2863). On the other end, January was the most stable month, with a tight range of 15.0316 LBP (High: 403.5773 / Low: 388.5457).
Growth Streaks & Declines
TrendsBetween 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 September and October, when the average rate fell by 129.8560 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2023: 4186.8777) against the same month in 2022 (average: 388.0689), the exchange rate shifted by +3798.8088 (+978.90%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 403.5773 | 388.5457 | 396.5245 |
| February | 4000.3140 | 392.2863 | 3304.0058 |
| March | 4037.9178 | 3944.4972 | 3991.1591 |
| April | 4088.8535 | 3973.6325 | 4018.1242 |
| May | 4141.0959 | 4054.9042 | 4095.2005 |
| June | 4229.3139 | 4073.4146 | 4147.9020 |
| July | 4254.1451 | 4130.9400 | 4186.8777 |
| August | 4189.8682 | 4030.3956 | 4079.5164 |
| September | 4104.1560 | 3964.4034 | 4042.6737 |
| October | 3966.6799 | 3871.0761 | 3912.8177 |
| November | 4031.7176 | 3886.1635 | 3979.7765 |
| December | 4082.6558 | 3971.8394 | 4028.5102 |