2024 PEN to ALL Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 PEN to ALL Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the PEN to ALL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 25.8251. Conversely, the yearly low was recorded on September 24, dropping to 23.5525.
This high-to-low spread represents a total annual volatility of 2.2727 ALL. From a start-to-finish perspective, comparing the January average rate of 25.5173 to the December average rate of 25.1471, the exchange rate registered a net change of -1.45% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 25.8251 was down 11.93% compared to the 2023 peak of 29.3231, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 PEN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
PEN to ALL 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 25.2185, compared to 24.3817 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.8368 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was November, with a trading range of 1.0643 ALL (High: 24.9101 / Low: 23.8458). On the other end, October was the most stable month, with a tight range of 0.3404 ALL (High: 24.3332 / Low: 23.9928).
Growth Streaks & Declines
TrendsBetween September and December, 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 August and September, when the average rate fell by 0.5614 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2024: 25.5173) against the same month in 2023 (average: 28.2346), the exchange rate shifted by -2.7173 (-9.62%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 25.8251 | 25.1234 | 25.5173 |
| February | 25.3680 | 24.8772 | 25.1303 |
| March | 25.7925 | 25.3382 | 25.6108 |
| April | 25.7493 | 25.0177 | 25.4683 |
| May | 25.2885 | 24.6947 | 24.9264 |
| June | 24.9109 | 24.4357 | 24.6580 |
| July | 24.8327 | 24.3196 | 24.5692 |
| August | 24.8151 | 23.8647 | 24.2972 |
| September | 24.0604 | 23.5525 | 23.7357 |
| October | 24.3332 | 23.9928 | 24.1388 |
| November | 24.9101 | 23.8458 | 24.4019 |
| December | 25.4554 | 24.8537 | 25.1471 |