YEARLY HIGH
0.0156 PEN
YEARLY LOW
0.0142 PEN
YEARLY AVERAGE
0.0149 PEN

2023 YER to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the YER to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 26, valuing the pair at 0.0156. Conversely, the yearly low was recorded on July 17, dropping to 0.0142.

This high-to-low spread represents a total annual volatility of 0.0014 PEN. From a start-to-finish perspective, comparing the January average rate of 0.0153 to the December average rate of 0.0149, the exchange rate registered a net change of -2.24% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0156 was down 2.48% compared to the 2022 peak of 0.0160, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 78 PEN
2022 Average 77 PEN
Yearly Trough Low 71 PEN
Transaction Impact: A difference of 6.82 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0154
0.0143
JanuMarcMayJulySeptNove

YER 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 0.0150, compared to 0.0149 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0150
H2 Avg (Jul–Dec) 0.0149

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0005 PEN (High: 0.0156 / Low: 0.0151). On the other end, May was the most stable month, with a tight range of 0.0003 PEN (High: 0.0148 / Low: 0.0146).

January Spread (Volatile) ±0.0005
May Spread (Stable) ±0.0003

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 0.0003 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0153) against the same month in 2022 (average: 0.0156), the exchange rate shifted by -0.0003 (-1.83%).

2023 Avg (January) 0.0153
2022 Avg (January) 0.0156

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0156 0.0151 0.0153
February 0.0156 0.0152 0.0153
March 0.0152 0.0149 0.0151
April 0.0151 0.0147 0.0150
May 0.0148 0.0146 0.0147
June 0.0148 0.0144 0.0146
July 0.0145 0.0142 0.0144
August 0.0149 0.0144 0.0147
September 0.0152 0.0148 0.0149
October 0.0155 0.0152 0.0153
November 0.0154 0.0149 0.0151
December 0.0151 0.0147 0.0149