YEARLY HIGH
0.0211 PEN
YEARLY LOW
0.0187 PEN
YEARLY AVERAGE
0.0196 PEN

2024 LRD to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LRD to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 25, valuing the pair at 0.0211. Conversely, the yearly low was recorded on August 3, dropping to 0.0187.

This high-to-low spread represents a total annual volatility of 0.0025 PEN. From a start-to-finish perspective, comparing the January average rate of 0.0197 to the December average rate of 0.0207, the exchange rate registered a net change of 4.75% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0211 was down 15.89% compared to the 2023 peak of 0.0251, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 106 PEN
2023 Average 108 PEN
Yearly Trough Low 93 PEN
Transaction Impact: A difference of 12.27 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0208
0.0189
JanuMarcMayJulySeptNove

LRD 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 0.0195, compared to 0.0197 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0195
H2 Avg (Jul–Dec) 0.0197

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0015 PEN (High: 0.0211 / Low: 0.0197). On the other end, May was the most stable month, with a tight range of 0.0004 PEN (High: 0.0195 / Low: 0.0191).

November Spread (Volatile) ±0.0015
May Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0008 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.0204) against the same month in 2023 (average: 0.0201), the exchange rate shifted by +0.0004 (+1.84%).

2024 Avg (November) 0.0204
2023 Avg (November) 0.0201

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0201 0.0196 0.0197
February 0.0204 0.0198 0.0201
March 0.0197 0.0191 0.0193
April 0.0200 0.0190 0.0193
May 0.0195 0.0191 0.0193
June 0.0197 0.0192 0.0195
July 0.0198 0.0190 0.0193
August 0.0192 0.0187 0.0191
September 0.0196 0.0187 0.0193
October 0.0197 0.0191 0.0195
November 0.0211 0.0197 0.0204
December 0.0210 0.0204 0.0207