2023 PEN to SBD Historical Review

YEARLY HIGH

2.3519 SBD

YEARLY LOW

2.1130 SBD

YEARLY AVERAGE

2.2322 SBD

2023 PEN to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PEN to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 2.3519. Conversely, the yearly low was recorded on January 26, dropping to 2.1130.

This high-to-low spread represents a total annual volatility of 0.2388 SBD. From a start-to-finish perspective, comparing the January average rate of 2.1619 to the December average rate of 2.2638, the exchange rate registered a net change of 4.71% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.3519 was up 5.89% compared to the 2022 peak of 2.2211, 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 11,759 SBD

2022 Average 10,619 SBD

Yearly Trough Low 10,565 SBD

Transaction Impact: A difference of 1,194.12 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.3428

2.1276

JanuMarcMayJulySeptNove

PEN to SBD 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 2.2067, compared to 2.2577 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0510 points.

H1 Avg (Jan–Jun) 2.2067

H2 Avg (Jul–Dec) 2.2577

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0906 SBD (High: 2.2783 / Low: 2.1877). On the other end, March was the most stable month, with a tight range of 0.0353 SBD (High: 2.1980 / Low: 2.1627).

November Spread (Volatile) ±0.0906

March Spread (Stable) ±0.0353

Growth Streaks & Declines

Trends

Between 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 0.0589 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0589

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 2.3249) against the same month in 2022 (average: 2.0934), the exchange rate shifted by +0.2314 (+11.05%).

2023 Avg (July) 2.3249

2022 Avg (July) 2.0934

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.2031	2.1130	2.1619
February	2.1720	2.1136	2.1456
March	2.1980	2.1627	2.1788
April	2.2643	2.1850	2.2073
May	2.2845	2.2358	2.2604
June	2.3105	2.2550	2.2864
July	2.3519	2.2975	2.3249
August	2.3206	2.2435	2.2671
September	2.2845	2.2069	2.2558
October	2.2249	2.1673	2.1969
November	2.2783	2.1877	2.2377
December	2.2872	2.2381	2.2638