2023 PEN to STD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
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.
Comparing the value generated converting 5,000 PEN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |