2021 PEN to ARS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 PEN to ARS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the PEN to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 25.8819. Conversely, the yearly low was recorded on January 3, dropping to 23.1766.
This high-to-low spread represents a total annual volatility of 2.7052 ARS. From a start-to-finish perspective, comparing the January average rate of 23.6812 to the December average rate of 25.1880, the exchange rate registered a net change of 6.36% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 25.8819 was up 11.30% compared to the 2020 peak of 23.2543, 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 2021.
PEN to ARS 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 24.4930, compared to 24.5003 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0073 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was October, with a trading range of 1.4253 ARS (High: 25.2708 / Low: 23.8455). On the other end, September was the most stable month, with a tight range of 0.1447 ARS (High: 23.9875 / Low: 23.8428).
Growth Streaks & Declines
TrendsBetween 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 May and June, when the average rate fell by 0.6181 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2021: 25.1880) against the same month in 2020 (average: 22.9305), the exchange rate shifted by +2.2575 (+9.84%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 24.0008 | 23.1766 | 23.6812 |
| February | 24.6348 | 24.0793 | 24.3277 |
| March | 24.6513 | 24.4350 | 24.5551 |
| April | 25.7019 | 24.4312 | 25.1144 |
| May | 25.6937 | 24.4529 | 24.9490 |
| June | 24.7739 | 23.9595 | 24.3309 |
| July | 24.7037 | 24.0556 | 24.4308 |
| August | 24.6478 | 23.5917 | 23.8263 |
| September | 23.9875 | 23.8428 | 23.9086 |
| October | 25.2708 | 23.8455 | 24.6871 |
| November | 25.0938 | 24.8315 | 24.9611 |
| December | 25.8819 | 24.7930 | 25.1880 |