YEARLY HIGH
0.2083 XDR
YEARLY LOW
0.1896 XDR
YEARLY AVERAGE
0.2004 XDR

2023 PEN to XDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PEN to XDR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 14, valuing the pair at 0.2083. Conversely, the yearly low was recorded on February 6, dropping to 0.1896.

This high-to-low spread represents a total annual volatility of 0.0187 XDR. From a start-to-finish perspective, comparing the January average rate of 0.1947 to the December average rate of 0.2007, the exchange rate registered a net change of 3.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2083 was up 4.44% compared to the 2022 peak of 0.1995, 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 1,042 XDR
2022 Average 952 XDR
Yearly Trough Low 948 XDR
Transaction Impact: A difference of 93.46 XDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2080
0.1933
JanuMarcMayJulySeptNove

PEN to XDR 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 0.1987, compared to 0.2021 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0034 points.

H1 Avg (Jan–Jun) 0.1987
H2 Avg (Jul–Dec) 0.2021

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0087 XDR (High: 0.1988 / Low: 0.1901). On the other end, March was the most stable month, with a tight range of 0.0014 XDR (High: 0.1991 / Low: 0.1976).

January Spread (Volatile) ±0.0087
March Spread (Stable) ±0.0014

Growth Streaks & Declines

Trends

Between April and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0048 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0048

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.2068) against the same month in 2022 (average: 0.1887), the exchange rate shifted by +0.0181 (+9.59%).

2023 Avg (July) 0.2068
2022 Avg (July) 0.1887

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1988 0.1901 0.1947
February 0.1982 0.1896 0.1946
March 0.1991 0.1976 0.1984
April 0.1998 0.1954 0.1972
May 0.2044 0.1990 0.2019
June 0.2073 0.2031 0.2055
July 0.2083 0.2058 0.2068
August 0.2066 0.2009 0.2029
September 0.2047 0.2006 0.2031
October 0.2013 0.1966 0.1984
November 0.2029 0.1960 0.2006
December 0.2025 0.1983 0.2007