YEARLY HIGH
6414.1629 STD
YEARLY LOW
5745.7485 STD
YEARLY AVERAGE
6042.8479 STD

2023 PEN to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PEN to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 6414.1629. Conversely, the yearly low was recorded on October 23, dropping to 5745.7485.

This high-to-low spread represents a total annual volatility of 668.4144 STD. From a start-to-finish perspective, comparing the January average rate of 5970.2694 to the December average rate of 5964.1510, the exchange rate registered a net change of -0.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 6414.1629 was up 2.15% compared to the 2022 peak of 6278.8999, 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 32,070,815 STD
2022 Average 28,927,745 STD
Yearly Trough Low 28,728,742 STD
Transaction Impact: A difference of 3,342,072.13 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

6375.4452
5752.5916
JanuMarcMayJulySeptNove

PEN to STD 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 6082.0398, compared to 6003.6560 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 78.3837 points.

H1 Avg (Jan–Jun) 6082.0398
H2 Avg (Jul–Dec) 6003.6560

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 230.0854 STD (High: 6414.1629 / Low: 6184.0775). On the other end, May was the most stable month, with a tight range of 108.1279 STD (High: 6256.3088 / Low: 6148.1809).

July Spread (Volatile) ±230.0854
May Spread (Stable) ±108.1279

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 July and August, when the average rate fell by 287.4534 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -287.4534

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 6323.5408) against the same month in 2022 (average: 5719.2493), the exchange rate shifted by +604.2915 (+10.57%).

2023 Avg (July) 6323.5408
2022 Avg (July) 5719.2493

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 6058.8258 5849.6414 5970.2694
February 6003.0148 5860.9464 5947.6030
March 6108.2879 5995.6111 6042.7691
April 6200.4847 6029.7882 6075.2062
May 6256.3088 6148.1809 6196.0684
June 6327.7497 6170.5189 6260.3226
July 6414.1629 6184.0775 6323.5408
August 6178.6706 5972.8723 6036.0874
September 6032.8792 5866.7966 5983.8730
October 5872.7034 5745.7485 5804.4961
November 5977.2384 5789.4188 5909.7880
December 6038.4282 5884.0850 5964.1510