2023 PEN to SYP Historical Review

YEARLY HIGH

706.0894 SYP

YEARLY LOW

643.9452 SYP

YEARLY AVERAGE

672.0221 SYP

2023 PEN to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PEN to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 706.0894. Conversely, the yearly low was recorded on January 26, dropping to 643.9452.

This high-to-low spread represents a total annual volatility of 62.1441 SYP. From a start-to-finish perspective, comparing the January average rate of 657.2243 to the December average rate of 672.5268, the exchange rate registered a net change of 2.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 706.0894 was up 2.20% compared to the 2022 peak of 690.8632, 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 3,530,447 SYP

2022 Average 3,278,612 SYP

Yearly Trough Low 3,219,726 SYP

Transaction Impact: A difference of 310,720.68 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

702.6318

650.1505

JanuMarcMayJulySeptNove

PEN to SYP 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 669.5283, compared to 674.5158 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.9876 points.

H1 Avg (Jan–Jun) 669.5283

H2 Avg (Jul–Dec) 674.5158

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 23.2061 SYP (High: 696.7164 / Low: 673.5103). On the other end, May was the most stable month, with a tight range of 11.9030 SYP (High: 688.7123 / Low: 676.8093).

August Spread (Volatile) ±23.2061

May Spread (Stable) ±11.9030

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 20.2268 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -20.2268

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 698.2584) against the same month in 2022 (average: 645.0250), the exchange rate shifted by +53.2334 (+8.25%).

2023 Avg (July) 698.2584

2022 Avg (July) 645.0250

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	666.9728	643.9452	657.2243
February	660.8290	645.1897	654.7291
March	672.4178	660.0140	665.2053
April	682.5671	663.7763	668.7760
May	688.7123	676.8093	682.0809
June	696.5767	679.2683	689.1542
July	706.0894	689.9350	698.2584
August	696.7164	673.5103	680.6385
September	680.2767	661.5490	674.7507
October	662.2151	647.8994	654.5239
November	674.0026	652.8238	666.3968
December	680.9024	663.4985	672.5268