YEARLY HIGH
0.3731 BND
YEARLY LOW
0.3263 BND
YEARLY AVERAGE
0.3469 BND

2021 PEN to BND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the PEN to BND exchange rate experienced significant fluctuation. The market reached its absolute peak on April 9, valuing the pair at 0.3731. Conversely, the yearly low was recorded on September 12, dropping to 0.3263.

This high-to-low spread represents a total annual volatility of 0.0469 BND. From a start-to-finish perspective, comparing the January average rate of 0.3658 to the December average rate of 0.3371, the exchange rate registered a net change of -7.83% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.3731 was down 11.94% compared to the 2020 peak of 0.4237, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,866 BND
2020 Average 1,975 BND
Yearly Trough Low 1,631 BND
Transaction Impact: A difference of 234.33 BND purely based on transaction execution date.

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0.3696
0.3242
JanuMarcMayJulySeptNove

PEN to BND 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 0.3579, compared to 0.3359 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0220 points.

H1 Avg (Jan–Jun) 0.3579
H2 Avg (Jul–Dec) 0.3359

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0259 BND (High: 0.3731 / Low: 0.3472). On the other end, September was the most stable month, with a tight range of 0.0031 BND (High: 0.3293 / Low: 0.3263).

April Spread (Volatile) Âą0.0259
September Spread (Stable) Âą0.0031

Growth Streaks & Declines

Trends

Between September and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0120 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0120

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 0.3620) against the same month in 2020 (average: 0.4188), the exchange rate shifted by -0.0568 (-13.57%).

2021 Avg (April) 0.3620
2020 Avg (April) 0.4188

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Month High Low Average
January 0.3688 0.3627 0.3658
February 0.3677 0.3613 0.3641
March 0.3646 0.3575 0.3620
April 0.3731 0.3472 0.3620
May 0.3649 0.3435 0.3528
June 0.3462 0.3368 0.3408
July 0.3485 0.3375 0.3439
August 0.3448 0.3290 0.3323
September 0.3293 0.3263 0.3280
October 0.3439 0.3281 0.3363
November 0.3408 0.3354 0.3378
December 0.3417 0.3347 0.3371