YEARLY HIGH
1.1798 PLN
YEARLY LOW
1.0365 PLN
YEARLY AVERAGE
1.1227 PLN

2023 PEN to PLN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PEN to PLN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 1.1798. Conversely, the yearly low was recorded on December 14, dropping to 1.0365.

This high-to-low spread represents a total annual volatility of 0.1433 PLN. From a start-to-finish perspective, comparing the January average rate of 1.1340 to the December average rate of 1.0616, the exchange rate registered a net change of -6.38% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.1798 was down 6.91% compared to the 2022 peak of 1.2673, 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 5,899 PLN
2022 Average 5,814 PLN
Yearly Trough Low 5,183 PLN
Transaction Impact: A difference of 716.43 PLN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.1700
1.0518
JanuMarcMayJulySeptNove

PEN to PLN 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 1.1397, compared to 1.1057 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0340 points.

H1 Avg (Jan–Jun) 1.1397
H2 Avg (Jul–Dec) 1.1057

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0984 PLN (High: 1.1700 / Low: 1.0715). On the other end, July was the most stable month, with a tight range of 0.0266 PLN (High: 1.1331 / Low: 1.1064).

January Spread (Volatile) ±0.0984
July Spread (Stable) ±0.0266

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 0.0448 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0448

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 1.1601) against the same month in 2022 (average: 1.1549), the exchange rate shifted by +0.0052 (+0.45%).

2023 Avg (March) 1.1601
2022 Avg (March) 1.1549

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.1700 1.0715 1.1340
February 1.1772 1.1105 1.1553
March 1.1798 1.1397 1.1601
April 1.1516 1.1076 1.1263
May 1.1529 1.1135 1.1344
June 1.1433 1.1108 1.1281
July 1.1331 1.1064 1.1169
August 1.1210 1.0913 1.1071
September 1.1769 1.1188 1.1572
October 1.1647 1.0778 1.1124
November 1.1093 1.0440 1.0791
December 1.0755 1.0365 1.0616