2024 AZN to PEN Historical Review

YEARLY HIGH

2.2820 PEN

YEARLY LOW

2.1539 PEN

YEARLY AVERAGE

2.2075 PEN

2024 AZN to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AZN to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 14, valuing the pair at 2.2820. Conversely, the yearly low was recorded on March 23, dropping to 2.1539.

This high-to-low spread represents a total annual volatility of 0.1281 PEN. From a start-to-finish perspective, comparing the January average rate of 2.1944 to the December average rate of 2.1951, the exchange rate registered a net change of 0.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.2820 was down 0.57% compared to the 2023 peak of 2.2952, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,410 PEN

2023 Average 10,999 PEN

Yearly Trough Low 10,769 PEN

Transaction Impact: A difference of 640.65 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.2590

2.1778

JanuMarcMayJulySeptNove

AZN 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 2.2061, compared to 2.2090 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0029 points.

H1 Avg (Jan–Jun) 2.2061

H2 Avg (Jul–Dec) 2.2090

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0794 PEN (High: 2.2432 / Low: 2.1638). On the other end, August was the most stable month, with a tight range of 0.0277 PEN (High: 2.2094 / Low: 2.1817).

January Spread (Volatile) ±0.0794

August Spread (Stable) ±0.0277

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 0.0676 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0676

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 2.2522) against the same month in 2023 (average: 2.2574), the exchange rate shifted by -0.0052 (-0.23%).

2024 Avg (February) 2.2522

2023 Avg (February) 2.2574

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.2432	2.1638	2.1944
February	2.2820	2.2242	2.2522
March	2.2264	2.1539	2.1846
April	2.2152	2.1594	2.1852
May	2.2141	2.1690	2.1949
June	2.2558	2.1941	2.2253
July	2.2617	2.1844	2.2140
August	2.2094	2.1817	2.1970
September	2.2457	2.1860	2.2173
October	2.2198	2.1802	2.2064
November	2.2398	2.1991	2.2240
December	2.2104	2.1817	2.1951