2017 EUR to PEN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 EUR to PEN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the EUR to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 2, valuing the pair at 3.9628. Conversely, the yearly low was recorded on February 21, dropping to 3.4195.
This high-to-low spread represents a total annual volatility of 0.5433 PEN. From a start-to-finish perspective, comparing the January average rate of 3.5493 to the December average rate of 3.8424, the exchange rate registered a net change of 8.26% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 3.9628 was down 0.21% compared to the 2016 peak of 3.9711, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 EUR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
EUR to PEN Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 3.5461, compared to 3.8201 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2740 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was November, with a trading range of 0.2034 PEN (High: 3.9628 / Low: 3.7594). On the other end, September was the most stable month, with a tight range of 0.0579 PEN (High: 3.8961 / Low: 3.8382).
Growth Streaks & Declines
TrendsBetween April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0817 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2017: 3.8121) against the same month in 2016 (average: 3.6690), the exchange rate shifted by +0.1431 (+3.90%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 3.5987 | 3.5096 | 3.5493 |
| February | 3.5202 | 3.4195 | 3.4676 |
| March | 3.5239 | 3.4366 | 3.4901 |
| April | 3.5499 | 3.4395 | 3.4827 |
| May | 3.6789 | 3.5382 | 3.6196 |
| June | 3.7195 | 3.6361 | 3.6671 |
| July | 3.8289 | 3.6981 | 3.7459 |
| August | 3.8778 | 3.7988 | 3.8311 |
| September | 3.8961 | 3.8382 | 3.8673 |
| October | 3.8764 | 3.7666 | 3.8215 |
| November | 3.9628 | 3.7594 | 3.8121 |
| December | 3.8901 | 3.7981 | 3.8424 |