2024 PEN to ARS Historical Review

YEARLY HIGH

275.8566 ARS

YEARLY LOW

214.4976 ARS

YEARLY AVERAGE

243.8352 ARS

2024 PEN to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PEN to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 275.8566. Conversely, the yearly low was recorded on February 6, dropping to 214.4976.

This high-to-low spread represents a total annual volatility of 61.3589 ARS. From a start-to-finish perspective, comparing the January average rate of 219.1511 to the December average rate of 273.3010, the exchange rate registered a net change of 24.71% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 275.8566 was up 25.91% compared to the 2023 peak of 219.0971, 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 1,379,283 ARS

2023 Average 396,361 ARS

Yearly Trough Low 1,072,488 ARS

Transaction Impact: A difference of 306,794.64 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

278.8434

212.3344

JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 229.2865, compared to 258.3839 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 29.0974 points.

H1 Avg (Jan–Jun) 229.2865

H2 Avg (Jul–Dec) 258.3839

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 11.7765 ARS (High: 249.5642 / Low: 237.7876). On the other end, October was the most stable month, with a tight range of 3.5532 ARS (High: 263.0221 / Low: 259.4690).

July Spread (Volatile) ±11.7765

October Spread (Stable) ±3.5532

Growth Streaks & Declines

Trends

Between February and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 1.2743 points.

Longest Streak 10 Mo.

Sharpest MoM Drop -1.2743

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 273.3010) against the same month in 2023 (average: 169.3673), the exchange rate shifted by +103.9336 (+61.37%).

2024 Avg (December) 273.3010

2023 Avg (December) 169.3673

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	221.1610	216.5348	219.1511
February	222.6217	214.4976	217.8768
March	232.7135	222.4554	228.9719
April	236.3051	230.0832	233.5569
May	239.1121	231.8888	237.3142
June	240.5966	236.9635	238.8480
July	249.5642	237.7876	244.9918
August	254.3992	248.8086	251.8406
September	260.6577	250.8060	254.7755
October	263.0221	259.4690	261.0839
November	270.2523	261.3777	264.3108
December	275.8566	269.5931	273.3010