2024 PEN to BBD Historical Review

YEARLY HIGH

0.5448 BBD

YEARLY LOW

0.5155 BBD

YEARLY AVERAGE

0.5330 BBD

2024 PEN to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PEN to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 8, valuing the pair at 0.5448. Conversely, the yearly low was recorded on February 14, dropping to 0.5155.

This high-to-low spread represents a total annual volatility of 0.0293 BBD. From a start-to-finish perspective, comparing the January average rate of 0.5361 to the December average rate of 0.5360, the exchange rate registered a net change of -0.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5448 was down 3.07% compared to the 2023 peak of 0.5621, 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 2,724 BBD

2023 Average 2,675 BBD

Yearly Trough Low 2,578 BBD

Transaction Impact: A difference of 146.35 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5400

0.5208

JanuMarcMayJulySeptNove

PEN to BBD 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 0.5333, compared to 0.5326 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.5333

H2 Avg (Jul–Dec) 0.5326

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0184 BBD (High: 0.5386 / Low: 0.5202). On the other end, August was the most stable month, with a tight range of 0.0068 BBD (High: 0.5392 / Low: 0.5325).

July Spread (Volatile) ±0.0184

August Spread (Stable) ±0.0068

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 0.0137 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0137

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.5383) against the same month in 2023 (average: 0.5324), the exchange rate shifted by +0.0059 (+1.12%).

2024 Avg (April) 0.5383

2023 Avg (April) 0.5324

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5420	0.5245	0.5361
February	0.5290	0.5155	0.5224
March	0.5448	0.5284	0.5384
April	0.5448	0.5311	0.5383
May	0.5424	0.5314	0.5360
June	0.5362	0.5215	0.5287
July	0.5386	0.5202	0.5314
August	0.5392	0.5325	0.5355
September	0.5382	0.5239	0.5306
October	0.5396	0.5300	0.5332
November	0.5350	0.5253	0.5290
December	0.5393	0.5322	0.5360