2024 BND to PEN Historical Review

YEARLY HIGH

2.9296 PEN

YEARLY LOW

2.7065 PEN

YEARLY AVERAGE

2.8093 PEN

2024 BND to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BND to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on September 11, valuing the pair at 2.9296. Conversely, the yearly low was recorded on April 22, dropping to 2.7065.

This high-to-low spread represents a total annual volatility of 0.2231 PEN. From a start-to-finish perspective, comparing the January average rate of 2.7949 to the December average rate of 2.7643, the exchange rate registered a net change of -1.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.9296 was down 1.42% compared to the 2023 peak of 2.9719, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 14,648 PEN

2023 Average 13,929 PEN

Yearly Trough Low 13,533 PEN

Transaction Impact: A difference of 1,115.63 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.9243

2.7231

JanuMarcMayJulySeptNove

BND 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 2.7855, compared to 2.8331 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0476 points.

H1 Avg (Jan–Jun) 2.7855

H2 Avg (Jul–Dec) 2.8331

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0912 PEN (High: 2.8784 / Low: 2.7871). On the other end, October was the most stable month, with a tight range of 0.0438 PEN (High: 2.8858 / Low: 2.8420).

August Spread (Volatile) ±0.0912

October Spread (Stable) ±0.0438

Growth Streaks & Declines

Trends

Between April and June, 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 February and March, when the average rate fell by 0.0761 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0761

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 2.9075) against the same month in 2023 (average: 2.7335), the exchange rate shifted by +0.1740 (+6.37%).

2024 Avg (September) 2.9075

2023 Avg (September) 2.7335

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.8463	2.7583	2.7949
February	2.8768	2.8145	2.8474
March	2.8122	2.7338	2.7713
April	2.7661	2.7065	2.7399
May	2.7813	2.7264	2.7614
June	2.8295	2.7633	2.7981
July	2.8303	2.7694	2.7957
August	2.8784	2.7871	2.8390
September	2.9296	2.8675	2.9075
October	2.8858	2.8420	2.8627
November	2.8659	2.7918	2.8295
December	2.7982	2.7403	2.7643