YEARLY HIGH
2.4582 SVC
YEARLY LOW
2.2450 SVC
YEARLY AVERAGE
2.3393 SVC

2023 PEN to SVC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PEN to SVC exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 2.4582. Conversely, the yearly low was recorded on January 26, dropping to 2.2450.

This high-to-low spread represents a total annual volatility of 0.2132 SVC. From a start-to-finish perspective, comparing the January average rate of 2.2889 to the December average rate of 2.3445, the exchange rate registered a net change of 2.43% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.4582 was up 2.18% compared to the 2022 peak of 2.4057, 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 12,291 SVC
2022 Average 11,419 SVC
Yearly Trough Low 11,225 SVC
Transaction Impact: A difference of 1,065.96 SVC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.4439
2.2626
JanuMarcMayJulySeptNove

PEN to SVC 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 2.3305, compared to 2.3481 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0176 points.

H1 Avg (Jan–Jun) 2.3305
H2 Avg (Jul–Dec) 2.3481

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0838 SVC (High: 2.3462 / Low: 2.2624). On the other end, March was the most stable month, with a tight range of 0.0330 SVC (High: 2.3307 / Low: 2.2977).

November Spread (Volatile) ±0.0838
March Spread (Stable) ±0.0330

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 0.0716 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0716

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 2.4288) against the same month in 2022 (average: 2.2457), the exchange rate shifted by +0.1832 (+8.16%).

2023 Avg (July) 2.4288
2022 Avg (July) 2.2457

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.3185 2.2450 2.2889
February 2.3004 2.2460 2.2804
March 2.3307 2.2977 2.3131
April 2.3618 2.3128 2.3265
May 2.3991 2.3523 2.3743
June 2.4258 2.3659 2.3996
July 2.4582 2.4017 2.4288
August 2.4272 2.3451 2.3703
September 2.3693 2.3083 2.3493
October 2.3101 2.2555 2.2777
November 2.3462 2.2624 2.3180
December 2.3756 2.3126 2.3445