YEARLY HIGH
0.9648 PEN
YEARLY LOW
0.8476 PEN
YEARLY AVERAGE
0.8915 PEN

2023 PLN to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PLN to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 0.9648. Conversely, the yearly low was recorded on March 18, dropping to 0.8476.

This high-to-low spread represents a total annual volatility of 0.1172 PEN. From a start-to-finish perspective, comparing the January average rate of 0.8822 to the December average rate of 0.9420, the exchange rate registered a net change of 6.78% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.9648 was down 2.42% compared to the 2022 peak of 0.9887, 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 19,296 PEN
2022 Average 17,249 PEN
Yearly Trough Low 16,952 PEN
Transaction Impact: A difference of 2,343.47 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.9500
0.8541
JanuMarcMayJulySeptNove

PLN to PEN 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 0.8777, compared to 0.9053 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0276 points.

H1 Avg (Jan–Jun) 0.8777
H2 Avg (Jul–Dec) 0.9053

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0785 PEN (High: 0.9333 / Low: 0.8547). On the other end, July was the most stable month, with a tight range of 0.0212 PEN (High: 0.9038 / Low: 0.8826).

January Spread (Volatile) ±0.0785
July Spread (Stable) ±0.0212

Growth Streaks & Declines

Trends

Between May and August, 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 0.0390 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0390

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.9420) against the same month in 2022 (average: 0.8659), the exchange rate shifted by +0.0762 (+8.80%).

2023 Avg (December) 0.9420
2022 Avg (December) 0.8659

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9333 0.8547 0.8822
February 0.9005 0.8495 0.8658
March 0.8774 0.8476 0.8621
April 0.9028 0.8684 0.8880
May 0.8980 0.8673 0.8816
June 0.9002 0.8746 0.8865
July 0.9038 0.8826 0.8954
August 0.9163 0.8921 0.9033
September 0.8938 0.8497 0.8643
October 0.9278 0.8586 0.8995
November 0.9579 0.9015 0.9270
December 0.9648 0.9298 0.9420