YEARLY HIGH
0.4910 AWG
YEARLY LOW
0.4640 AWG
YEARLY AVERAGE
0.4799 AWG

2024 PEN to AWG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PEN to AWG exchange rate experienced significant fluctuation. The market reached its absolute peak on April 8, valuing the pair at 0.4910. Conversely, the yearly low was recorded on February 14, dropping to 0.4640.

This high-to-low spread represents a total annual volatility of 0.0270 AWG. From a start-to-finish perspective, comparing the January average rate of 0.4828 to the December average rate of 0.4824, the exchange rate registered a net change of -0.08% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4910 was down 3.07% compared to the 2023 peak of 0.5066, 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 AWG
2023 Average 2,409 AWG
Yearly Trough Low 2,320 AWG
Transaction Impact: A difference of 135.12 AWG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4864
0.4690
JanuMarcMayJulySeptNove

PEN to AWG 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 0.4803, compared to 0.4795 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.4803
H2 Avg (Jul–Dec) 0.4795

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0169 AWG (High: 0.4854 / Low: 0.4685). On the other end, August was the most stable month, with a tight range of 0.0061 AWG (High: 0.4853 / Low: 0.4792).

July Spread (Volatile) ±0.0169
August Spread (Stable) ±0.0061

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 0.0124 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0124

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.4847) against the same month in 2023 (average: 0.4795), the exchange rate shifted by +0.0052 (+1.09%).

2024 Avg (April) 0.4847
2023 Avg (April) 0.4795

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4878 0.4720 0.4828
February 0.4761 0.4640 0.4704
March 0.4907 0.4762 0.4850
April 0.4910 0.4780 0.4847
May 0.4882 0.4789 0.4828
June 0.4833 0.4700 0.4762
July 0.4854 0.4685 0.4785
August 0.4853 0.4792 0.4821
September 0.4844 0.4715 0.4778
October 0.4856 0.4773 0.4801
November 0.4822 0.4715 0.4762
December 0.4853 0.4790 0.4824