YEARLY HIGH
0.3456 CAD
YEARLY LOW
0.2989 CAD
YEARLY AVERAGE
0.3219 CAD

2023 PLN to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PLN to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 28, valuing the pair at 0.3456. Conversely, the yearly low was recorded on February 13, dropping to 0.2989.

This high-to-low spread represents a total annual volatility of 0.0466 CAD. From a start-to-finish perspective, comparing the January average rate of 0.3096 to the December average rate of 0.3381, the exchange rate registered a net change of 9.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3456 was up 7.09% compared to the 2022 peak of 0.3227, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 PLN based on timing:

Yearly Peak High 6,911 CAD
2022 Average 5,855 CAD
Yearly Trough Low 5,978 CAD
Transaction Impact: A difference of 932.87 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3416
0.3001
JanuMarcMayJulySeptNove

PLN to CAD 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 0.3154, compared to 0.3284 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0130 points.

H1 Avg (Jan–Jun) 0.3154
H2 Avg (Jul–Dec) 0.3284

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.0220 CAD (High: 0.3281 / Low: 0.3061). On the other end, August was the most stable month, with a tight range of 0.0049 CAD (High: 0.3324 / Low: 0.3275).

September Spread (Volatile) ±0.0220
August Spread (Stable) ±0.0049

Growth Streaks & Declines

Trends

Between February and May, 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 August and September, when the average rate fell by 0.0154 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0154

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.3370) against the same month in 2022 (average: 0.2923), the exchange rate shifted by +0.0447 (+15.29%).

2023 Avg (November) 0.3370
2022 Avg (November) 0.2923

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3237 0.3048 0.3096
February 0.3108 0.2989 0.3036
March 0.3183 0.3067 0.3127
April 0.3283 0.3120 0.3195
May 0.3287 0.3199 0.3238
June 0.3262 0.3190 0.3231
July 0.3342 0.3230 0.3292
August 0.3324 0.3275 0.3300
September 0.3281 0.3061 0.3146
October 0.3299 0.3100 0.3213
November 0.3456 0.3277 0.3370
December 0.3420 0.3364 0.3381