2023 PEN to SLL Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 PEN to SLL Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the PEN to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on July 29, valuing the pair at 5849.0632. Conversely, the yearly low was recorded on January 26, dropping to 4527.4255.
This high-to-low spread represents a total annual volatility of 1321.6378 SLL. From a start-to-finish perspective, comparing the January average rate of 4620.7875 to the December average rate of 5612.8887, the exchange rate registered a net change of 21.47% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 5849.0632 was up 25.87% compared to the 2022 peak of 4646.9563, 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 SLL 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 4707.2940, compared to 5496.2225 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 788.9285 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was July, with a trading range of 998.2947 SLL (High: 5849.0632 / Low: 4850.7685). On the other end, May was the most stable month, with a tight range of 83.6873 SLL (High: 4842.1723 / Low: 4758.4850).
Growth Streaks & Declines
TrendsBetween February and August, 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 168.8124 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2023: 5028.0441) against the same month in 2022 (average: 3471.9250), the exchange rate shifted by +1556.1191 (+44.82%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 4689.3271 | 4527.4255 | 4620.7875 |
| February | 4646.1313 | 4536.1751 | 4603.2445 |
| March | 4727.6092 | 4640.4011 | 4676.8998 |
| April | 4798.9664 | 4666.8530 | 4702.0050 |
| May | 4842.1723 | 4758.4850 | 4795.5482 |
| June | 4897.4651 | 4775.7738 | 4845.2788 |
| July | 5849.0632 | 4850.7685 | 5028.0441 |
| August | 5814.7741 | 5621.0964 | 5680.5884 |
| September | 5677.5692 | 5521.2681 | 5631.4492 |
| October | 5526.8270 | 5407.3492 | 5462.6368 |
| November | 5625.2054 | 5448.4475 | 5561.7275 |
| December | 5682.7913 | 5537.5382 | 5612.8887 |