2023 PEN to XCD Historical Review

YEARLY HIGH

0.7595 XCD

YEARLY LOW

0.6926 XCD

YEARLY AVERAGE

0.7228 XCD

2023 PEN to XCD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PEN to XCD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 0.7595. Conversely, the yearly low was recorded on January 26, dropping to 0.6926.

This high-to-low spread represents a total annual volatility of 0.0668 XCD. From a start-to-finish perspective, comparing the January average rate of 0.7069 to the December average rate of 0.7234, 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 0.7595 was up 2.18% compared to the 2022 peak of 0.7433, 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 3,797 XCD

2022 Average 3,527 XCD

Yearly Trough Low 3,463 XCD

Transaction Impact: A difference of 334.22 XCD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.7558

0.6993

JanuMarcMayJulySeptNove

PEN to XCD 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 0.7202, compared to 0.7255 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0054 points.

H1 Avg (Jan–Jun) 0.7202

H2 Avg (Jul–Dec) 0.7255

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 0.0250 XCD (High: 0.7494 / Low: 0.7244). On the other end, May was the most stable month, with a tight range of 0.0128 XCD (High: 0.7408 / Low: 0.7280).

August Spread (Volatile) ±0.0250

May Spread (Stable) ±0.0128

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 0.0218 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0218

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.7511) against the same month in 2022 (average: 0.6938), the exchange rate shifted by +0.0573 (+8.25%).

2023 Avg (July) 0.7511

2022 Avg (July) 0.6938

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7174	0.6926	0.7069
February	0.7108	0.6940	0.7042
March	0.7233	0.7099	0.7155
April	0.7342	0.7140	0.7194
May	0.7408	0.7280	0.7337
June	0.7493	0.7306	0.7413
July	0.7595	0.7421	0.7511
August	0.7494	0.7244	0.7321
September	0.7317	0.7116	0.7258
October	0.7123	0.6969	0.7040
November	0.7250	0.7022	0.7168
December	0.7324	0.7137	0.7234