2024 PEN to BIF Historical Review

YEARLY HIGH

795.2236 BIF

YEARLY LOW

736.7875 BIF

YEARLY AVERAGE

768.6420 BIF

2024 PEN to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PEN to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 9, valuing the pair at 795.2236. Conversely, the yearly low was recorded on February 14, dropping to 736.7875.

This high-to-low spread represents a total annual volatility of 58.4361 BIF. From a start-to-finish perspective, comparing the January average rate of 764.7859 to the December average rate of 789.9190, the exchange rate registered a net change of 3.29% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 795.2236 was up 0.05% compared to the 2023 peak of 794.8155, 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 3,976,118 BIF

2023 Average 3,413,152 BIF

Yearly Trough Low 3,683,937 BIF

Transaction Impact: A difference of 292,180.45 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

794.2134

742.6812

JanuMarcMayJulySeptNove

PEN to BIF 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 763.7767, compared to 773.5074 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 9.7307 points.

H1 Avg (Jan–Jun) 763.7767

H2 Avg (Jul–Dec) 773.5074

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 27.1889 BIF (High: 788.7870 / Low: 761.5981). On the other end, August was the most stable month, with a tight range of 8.0579 BIF (High: 775.8317 / Low: 767.7738).

November Spread (Volatile) ±27.1889

August Spread (Stable) ±8.0579

Growth Streaks & Declines

Trends

Between February and April, 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 17.8103 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -17.8103

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 789.9190) against the same month in 2023 (average: 763.0580), the exchange rate shifted by +26.8610 (+3.52%).

2024 Avg (December) 789.9190

2023 Avg (December) 763.0580

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	774.5039	748.9421	764.7859
February	756.8148	736.7875	746.9756
March	779.0982	756.6524	770.1317
April	779.1943	760.0341	771.2363
May	777.2850	762.0297	769.1552
June	772.6716	750.2153	760.3754
July	775.0483	748.3507	764.9274
August	775.8317	767.7738	771.2510
September	779.5176	758.7831	767.7853
October	791.9550	767.5468	774.5189
November	788.7870	761.5981	772.6427
December	795.2236	777.1161	789.9190