2024 PEN to AMD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 PEN to AMD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the PEN to AMD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 14, valuing the pair at 109.7364. Conversely, the yearly low was recorded on July 2, dropping to 100.9237.
This high-to-low spread represents a total annual volatility of 8.8127 AMD. From a start-to-finish perspective, comparing the January average rate of 108.4719 to the December average rate of 106.3040, the exchange rate registered a net change of -2.00% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 109.7364 was down 2.68% compared to the 2023 peak of 112.7569, 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 AMD 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 105.6857, compared to 103.6699 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.0158 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was April, with a trading range of 4.2062 AMD (High: 107.3419 / Low: 103.1358). On the other end, August was the most stable month, with a tight range of 0.9484 AMD (High: 104.2819 / Low: 103.3336).
Growth Streaks & Declines
TrendsBetween June and August, 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 March and April, when the average rate fell by 2.5144 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2024: 107.8202) against the same month in 2023 (average: 102.7776), the exchange rate shifted by +5.0426 (+4.91%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 109.5893 | 106.0955 | 108.4719 |
| February | 107.6035 | 104.5856 | 106.0296 |
| March | 109.7364 | 105.9159 | 107.8202 |
| April | 107.3419 | 103.1358 | 105.3058 |
| May | 105.1256 | 103.0867 | 103.9019 |
| June | 103.8510 | 101.2172 | 102.5848 |
| July | 104.5069 | 100.9237 | 103.0932 |
| August | 104.2819 | 103.3336 | 103.7493 |
| September | 104.0766 | 101.4367 | 102.7469 |
| October | 104.2899 | 102.6086 | 103.2434 |
| November | 105.7328 | 101.7150 | 102.8825 |
| December | 107.7670 | 105.1342 | 106.3040 |