2024 PEN to BOB Historical Review

YEARLY HIGH

1.8864 BOB

YEARLY LOW

1.7812 BOB

YEARLY AVERAGE

1.8420 BOB

2024 PEN to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PEN to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on March 13, valuing the pair at 1.8864. Conversely, the yearly low was recorded on February 14, dropping to 1.7812.

This high-to-low spread represents a total annual volatility of 0.1052 BOB. From a start-to-finish perspective, comparing the January average rate of 1.8518 to the December average rate of 1.8517, the exchange rate registered a net change of -0.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.8864 was down 2.82% compared to the 2023 peak of 1.9412, 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 9,432 BOB

2023 Average 9,239 BOB

Yearly Trough Low 8,906 BOB

Transaction Impact: A difference of 525.79 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.8684

1.7999

JanuMarcMayJulySeptNove

PEN to BOB 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 1.8431, compared to 1.8409 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0023 points.

H1 Avg (Jan–Jun) 1.8431

H2 Avg (Jul–Dec) 1.8409

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0627 BOB (High: 1.8599 / Low: 1.7972). On the other end, August was the most stable month, with a tight range of 0.0205 BOB (High: 1.8621 / Low: 1.8416).

July Spread (Volatile) ±0.0627

August Spread (Stable) ±0.0205

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 0.0462 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0462

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 1.8600) against the same month in 2023 (average: 1.8269), the exchange rate shifted by +0.0331 (+1.81%).

2024 Avg (March) 1.8600

2023 Avg (March) 1.8269

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.8724	1.8117	1.8518
February	1.8314	1.7812	1.8056
March	1.8864	1.8250	1.8600
April	1.8813	1.8406	1.8627
May	1.8723	1.8356	1.8518
June	1.8520	1.8025	1.8269
July	1.8599	1.7972	1.8357
August	1.8621	1.8416	1.8488
September	1.8657	1.8108	1.8342
October	1.8627	1.8319	1.8448
November	1.8465	1.8126	1.8301
December	1.8608	1.8391	1.8517