2024 PEN to BND Historical Review

YEARLY HIGH

0.3695 BND

YEARLY LOW

0.3413 BND

YEARLY AVERAGE

0.3561 BND

2024 PEN to BND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PEN to BND exchange rate experienced significant fluctuation. The market reached its absolute peak on April 22, valuing the pair at 0.3695. Conversely, the yearly low was recorded on September 11, dropping to 0.3413.

This high-to-low spread represents a total annual volatility of 0.0281 BND. From a start-to-finish perspective, comparing the January average rate of 0.3578 to the December average rate of 0.3618, the exchange rate registered a net change of 1.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3695 was down 1.38% compared to the 2023 peak of 0.3747, 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 1,847 BND

2023 Average 1,796 BND

Yearly Trough Low 1,707 BND

Transaction Impact: A difference of 140.70 BND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3671

0.3418

JanuMarcMayJulySeptNove

PEN to BND 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 0.3591, compared to 0.3531 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0060 points.

H1 Avg (Jan–Jun) 0.3591

H2 Avg (Jul–Dec) 0.3531

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0114 BND (High: 0.3588 / Low: 0.3474). On the other end, October was the most stable month, with a tight range of 0.0053 BND (High: 0.3519 / Low: 0.3465).

August Spread (Volatile) ±0.0114

October Spread (Stable) ±0.0053

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0083 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0083

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.3650) against the same month in 2023 (average: 0.3541), the exchange rate shifted by +0.0109 (+3.09%).

2024 Avg (April) 0.3650

2023 Avg (April) 0.3541

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3625	0.3513	0.3578
February	0.3553	0.3476	0.3512
March	0.3658	0.3556	0.3609
April	0.3695	0.3615	0.3650
May	0.3668	0.3595	0.3621
June	0.3619	0.3534	0.3574
July	0.3611	0.3533	0.3577
August	0.3588	0.3474	0.3523
September	0.3487	0.3413	0.3439
October	0.3519	0.3465	0.3493
November	0.3582	0.3489	0.3534
December	0.3649	0.3574	0.3618