2024 CNY to PEN Historical Review

YEARLY HIGH

0.5445 PEN

YEARLY LOW

0.5077 PEN

YEARLY AVERAGE

0.5229 PEN

2024 CNY to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CNY to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 15, valuing the pair at 0.5445. Conversely, the yearly low was recorded on April 8, dropping to 0.5077.

This high-to-low spread represents a total annual volatility of 0.0368 PEN. From a start-to-finish perspective, comparing the January average rate of 0.5248 to the December average rate of 0.5125, the exchange rate registered a net change of -2.34% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5445 was down 5.34% compared to the 2023 peak of 0.5752, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 CNY based on timing:

Yearly Peak High 13,612 PEN

2023 Average 13,227 PEN

Yearly Trough Low 12,692 PEN

Transaction Impact: A difference of 919.92 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5372

0.5102

JanuMarcMayJulySeptNove

CNY 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 0.5225, compared to 0.5234 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.5225

H2 Avg (Jul–Dec) 0.5234

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0194 PEN (High: 0.5368 / Low: 0.5174). On the other end, October was the most stable month, with a tight range of 0.0070 PEN (High: 0.5327 / Low: 0.5256).

January Spread (Volatile) ±0.0194

October Spread (Stable) ±0.0070

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 0.0187 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0187

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.5349) against the same month in 2023 (average: 0.5608), the exchange rate shifted by -0.0259 (-4.61%).

2024 Avg (February) 0.5349

2023 Avg (February) 0.5608

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5368	0.5174	0.5248
February	0.5445	0.5254	0.5349
March	0.5271	0.5081	0.5162
April	0.5248	0.5077	0.5140
May	0.5290	0.5102	0.5207
June	0.5329	0.5150	0.5242
July	0.5288	0.5115	0.5187
August	0.5295	0.5160	0.5227
September	0.5368	0.5266	0.5328
October	0.5327	0.5256	0.5291
November	0.5316	0.5162	0.5247
December	0.5167	0.5083	0.5125