YEARLY HIGH
0.4910 ANG
YEARLY LOW
0.4646 ANG
YEARLY AVERAGE
0.4802 ANG

2024 PEN to ANG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PEN to ANG exchange rate experienced significant fluctuation. The market reached its absolute peak on March 14, valuing the pair at 0.4910. Conversely, the yearly low was recorded on February 14, dropping to 0.4646.

This high-to-low spread represents a total annual volatility of 0.0264 ANG. From a start-to-finish perspective, comparing the January average rate of 0.4830 to the December average rate of 0.4828, the exchange rate registered a net change of -0.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4910 was down 3.02% compared to the 2023 peak of 0.5063, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,455 ANG
2023 Average 2,410 ANG
Yearly Trough Low 2,323 ANG
Transaction Impact: A difference of 132.15 ANG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4863
0.4695
JanuMarcMayJulySeptNove

PEN to ANG 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 0.4805, compared to 0.4799 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.4805
H2 Avg (Jul–Dec) 0.4799

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0164 ANG (High: 0.4851 / Low: 0.4687). On the other end, August was the most stable month, with a tight range of 0.0054 ANG (High: 0.4857 / Low: 0.4803).

July Spread (Volatile) ±0.0164
August Spread (Stable) ±0.0054

Growth Streaks & Declines

Trends

Between 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 January and February, when the average rate fell by 0.0120 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0120

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.4849) against the same month in 2023 (average: 0.4765), the exchange rate shifted by +0.0084 (+1.77%).

2024 Avg (March) 0.4849
2023 Avg (March) 0.4765

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4883 0.4725 0.4830
February 0.4776 0.4646 0.4709
March 0.4910 0.4760 0.4849
April 0.4896 0.4781 0.4849
May 0.4883 0.4788 0.4829
June 0.4830 0.4700 0.4764
July 0.4851 0.4687 0.4787
August 0.4857 0.4803 0.4821
September 0.4849 0.4723 0.4782
October 0.4859 0.4778 0.4808
November 0.4812 0.4727 0.4768
December 0.4853 0.4797 0.4828