YEARLY HIGH
1.9397 PEN
YEARLY LOW
1.8355 PEN
YEARLY AVERAGE
1.8765 PEN

2024 BBD to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BBD to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 14, valuing the pair at 1.9397. Conversely, the yearly low was recorded on April 8, dropping to 1.8355.

This high-to-low spread represents a total annual volatility of 0.1042 PEN. From a start-to-finish perspective, comparing the January average rate of 1.8656 to the December average rate of 1.8658, 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 1.9397 was down 0.57% compared to the 2023 peak of 1.9509, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9,698 PEN
2023 Average 9,349 PEN
Yearly Trough Low 9,177 PEN
Transaction Impact: A difference of 521.06 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.9201
1.8518
JanuMarcMayJulySeptNove

BBD 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 1.8754, compared to 1.8776 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0022 points.

H1 Avg (Jan–Jun) 1.8754
H2 Avg (Jul–Dec) 1.8776

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0657 PEN (High: 1.9224 / Low: 1.8567). On the other end, August was the most stable month, with a tight range of 0.0236 PEN (High: 1.8780 / Low: 1.8545).

July Spread (Volatile) ±0.0657
August Spread (Stable) ±0.0236

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 0.0569 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0569

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 1.9144) against the same month in 2023 (average: 1.9188), the exchange rate shifted by -0.0044 (-0.23%).

2024 Avg (February) 1.9144
2023 Avg (February) 1.9188

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.9067 1.8451 1.8656
February 1.9397 1.8905 1.9144
March 1.8924 1.8357 1.8575
April 1.8830 1.8355 1.8578
May 1.8820 1.8437 1.8656
June 1.9175 1.8649 1.8915
July 1.9224 1.8567 1.8819
August 1.8780 1.8545 1.8675
September 1.9088 1.8581 1.8847
October 1.8868 1.8532 1.8754
November 1.9038 1.8692 1.8904
December 1.8788 1.8544 1.8658