2024 GMD to PEN Historical Review

YEARLY HIGH

0.0574 PEN

YEARLY LOW

0.0515 PEN

YEARLY AVERAGE

0.0546 PEN

2024 GMD to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GMD to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 6, valuing the pair at 0.0574. Conversely, the yearly low was recorded on December 22, dropping to 0.0515.

This high-to-low spread represents a total annual volatility of 0.0058 PEN. From a start-to-finish perspective, comparing the January average rate of 0.0554 to the December average rate of 0.0520, the exchange rate registered a net change of -6.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0574 was down 10.16% compared to the 2023 peak of 0.0638, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 287 PEN

2023 Average 301 PEN

Yearly Trough Low 258 PEN

Transaction Impact: A difference of 29.22 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0571

0.0515

JanuMarcMayJulySeptNove

GMD 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 0.0554, compared to 0.0537 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0017 points.

H1 Avg (Jan–Jun) 0.0554

H2 Avg (Jul–Dec) 0.0537

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0031 PEN (High: 0.0568 / Low: 0.0537). On the other end, May was the most stable month, with a tight range of 0.0012 PEN (High: 0.0556 / Low: 0.0544).

July Spread (Volatile) ±0.0031

May Spread (Stable) ±0.0012

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 July and August, when the average rate fell by 0.0020 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0020

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.0566) against the same month in 2023 (average: 0.0628), the exchange rate shifted by -0.0062 (-9.83%).

2024 Avg (February) 0.0566

2023 Avg (February) 0.0628

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0566	0.0549	0.0554
February	0.0574	0.0557	0.0566
March	0.0557	0.0540	0.0547
April	0.0554	0.0540	0.0547
May	0.0556	0.0544	0.0551
June	0.0566	0.0550	0.0558
July	0.0568	0.0537	0.0555
August	0.0543	0.0527	0.0535
September	0.0553	0.0531	0.0542
October	0.0553	0.0531	0.0541
November	0.0538	0.0527	0.0531
December	0.0529	0.0515	0.0520