YEARLY HIGH
51.8730 LRD
YEARLY LOW
39.8232 LRD
YEARLY AVERAGE
46.7290 LRD

2023 PEN to LRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PEN to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 30, valuing the pair at 51.8730. Conversely, the yearly low was recorded on January 22, dropping to 39.8232.

This high-to-low spread represents a total annual volatility of 12.0498 LRD. From a start-to-finish perspective, comparing the January average rate of 40.6414 to the December average rate of 50.3836, the exchange rate registered a net change of 23.97% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 51.8730 was up 23.58% compared to the 2022 peak of 41.9757, 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 259,365 LRD
2022 Average 199,486 LRD
Yearly Trough Low 199,116 LRD
Transaction Impact: A difference of 60,248.86 LRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

52.1005
39.5997
JanuMarcMayJulySeptNove

PEN to LRD 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 43.3824, compared to 50.0755 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 6.6932 points.

H1 Avg (Jan–Jun) 43.3824
H2 Avg (Jul–Dec) 50.0755

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 3.8649 LRD (High: 49.6896 / Low: 45.8247). On the other end, October was the most stable month, with a tight range of 0.9996 LRD (High: 49.2208 / Low: 48.2212).

June Spread (Volatile) ±3.8649
October Spread (Stable) ±0.9996

Growth Streaks & Declines

Trends

Between 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 1.3604 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -1.3604

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 51.0587) against the same month in 2022 (average: 39.1566), the exchange rate shifted by +11.9022 (+30.40%).

2023 Avg (July) 51.0587
2022 Avg (July) 39.1566

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 41.0532 39.8232 40.6414
February 41.8056 39.9175 40.7716
March 43.2127 40.6543 42.2246
April 44.8927 43.0220 43.4196
May 46.0566 44.5746 45.3323
June 49.6896 45.8247 47.9049
July 51.8730 49.6896 51.0587
August 51.7158 49.9263 50.4712
September 50.4358 49.1186 50.0440
October 49.2208 48.2212 48.6836
November 50.4590 48.8086 49.8121
December 51.0538 49.5845 50.3836