2023 XCD to PEN Historical Review

YEARLY HIGH

1.4437 PEN

YEARLY LOW

1.3167 PEN

YEARLY AVERAGE

1.3840 PEN

2023 XCD to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XCD to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 26, valuing the pair at 1.4437. Conversely, the yearly low was recorded on July 17, dropping to 1.3167.

This high-to-low spread represents a total annual volatility of 0.1271 PEN. From a start-to-finish perspective, comparing the January average rate of 1.4147 to the December average rate of 1.3825, the exchange rate registered a net change of -2.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.4437 was down 2.44% compared to the 2022 peak of 1.4799, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 XCD based on timing:

Yearly Peak High 7,219 PEN

2022 Average 7,092 PEN

Yearly Trough Low 6,583 PEN

Transaction Impact: A difference of 635.33 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.4294

1.3226

JanuMarcMayJulySeptNove

XCD 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 1.3891, compared to 1.3789 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0102 points.

H1 Avg (Jan–Jun) 1.3891

H2 Avg (Jul–Dec) 1.3789

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0498 PEN (High: 1.4437 / Low: 1.3939). On the other end, May was the most stable month, with a tight range of 0.0237 PEN (High: 1.3736 / Low: 1.3499).

January Spread (Volatile) ±0.0498

May Spread (Stable) ±0.0237

Growth Streaks & Declines

Trends

Between July and October, 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 April and May, when the average rate fell by 0.0271 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0271

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 1.4147) against the same month in 2022 (average: 1.4407), the exchange rate shifted by -0.0260 (-1.80%).

2023 Avg (January) 1.4147

2022 Avg (January) 1.4407

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.4437	1.3939	1.4147
February	1.4410	1.4069	1.4200
March	1.4086	1.3826	1.3976
April	1.4006	1.3620	1.3902
May	1.3736	1.3499	1.3631
June	1.3687	1.3347	1.3491
July	1.3475	1.3167	1.3315
August	1.3804	1.3344	1.3660
September	1.4053	1.3666	1.3779
October	1.4349	1.4039	1.4205
November	1.4241	1.3794	1.3952
December	1.4012	1.3654	1.3825