2023 PEN to NZD Historical Review

YEARLY HIGH

0.4610 NZD

YEARLY LOW

0.3949 NZD

YEARLY AVERAGE

0.4358 NZD

2023 PEN to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PEN to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 6, valuing the pair at 0.4610. Conversely, the yearly low was recorded on January 26, dropping to 0.3949.

This high-to-low spread represents a total annual volatility of 0.0661 NZD. From a start-to-finish perspective, comparing the January average rate of 0.4084 to the December average rate of 0.4297, the exchange rate registered a net change of 5.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4610 was up 1.49% compared to the 2022 peak of 0.4542, 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 2,305 NZD

2022 Average 2,057 NZD

Yearly Trough Low 1,975 NZD

Transaction Impact: A difference of 330.28 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4575

0.4040

JanuMarcMayJulySeptNove

PEN to NZD 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 0.4272, compared to 0.4443 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0171 points.

H1 Avg (Jan–Jun) 0.4272

H2 Avg (Jul–Dec) 0.4443

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0284 NZD (High: 0.4275 / Low: 0.3991). On the other end, December was the most stable month, with a tight range of 0.0107 NZD (High: 0.4361 / Low: 0.4254).

February Spread (Volatile) ±0.0284

December Spread (Stable) ±0.0107

Growth Streaks & Declines

Trends

Between January and June, 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 November and December, when the average rate fell by 0.0125 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0125

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 0.4530) against the same month in 2022 (average: 0.4333), the exchange rate shifted by +0.0197 (+4.56%).

2023 Avg (September) 0.4530

2022 Avg (September) 0.4333

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4222	0.3949	0.4084
February	0.4275	0.3991	0.4150
March	0.4334	0.4204	0.4266
April	0.4402	0.4193	0.4287
May	0.4521	0.4249	0.4374
June	0.4548	0.4400	0.4470
July	0.4528	0.4372	0.4466
August	0.4589	0.4442	0.4524
September	0.4610	0.4392	0.4530
October	0.4504	0.4309	0.4419
November	0.4485	0.4333	0.4422
December	0.4361	0.4254	0.4297