2024 AED to PEN Historical Review

YEARLY HIGH

1.0562 PEN

YEARLY LOW

0.9996 PEN

YEARLY AVERAGE

1.0218 PEN

2024 AED to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AED to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 14, valuing the pair at 1.0562. Conversely, the yearly low was recorded on March 14, dropping to 0.9996.

This high-to-low spread represents a total annual volatility of 0.0566 PEN. From a start-to-finish perspective, comparing the January average rate of 1.0159 to the December average rate of 1.0160, the exchange rate registered a net change of 0.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.0562 was down 0.57% compared to the 2023 peak of 1.0623, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,281 PEN

2023 Average 5,091 PEN

Yearly Trough Low 4,998 PEN

Transaction Impact: A difference of 282.97 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.0455

1.0084

JanuMarcMayJulySeptNove

AED 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 1.0212, compared to 1.0224 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 1.0212

H2 Avg (Jul–Dec) 1.0224

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0358 PEN (High: 1.0468 / Low: 1.0110). On the other end, August was the most stable month, with a tight range of 0.0129 PEN (High: 1.0226 / Low: 1.0098).

July Spread (Volatile) ±0.0358

August Spread (Stable) ±0.0129

Growth Streaks & Declines

Trends

Between March and June, 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 February and March, when the average rate fell by 0.0309 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0309

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 1.0424) against the same month in 2023 (average: 1.0448), the exchange rate shifted by -0.0024 (-0.23%).

2024 Avg (February) 1.0424

2023 Avg (February) 1.0448

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0382	1.0047	1.0159
February	1.0562	1.0294	1.0424
March	1.0304	0.9996	1.0115
April	1.0253	0.9996	1.0117
May	1.0248	1.0039	1.0159
June	1.0441	1.0155	1.0300
July	1.0468	1.0110	1.0247
August	1.0226	1.0098	1.0169
September	1.0394	1.0118	1.0262
October	1.0274	1.0091	1.0212
November	1.0367	1.0178	1.0294
December	1.0230	1.0098	1.0160