2018 PEN to BTN Historical Review

YEARLY HIGH

22.3405 BTN

YEARLY LOW

19.6200 BTN

YEARLY AVERAGE

20.7947 BTN

2018 PEN to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the PEN to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on October 9, valuing the pair at 22.3405. Conversely, the yearly low was recorded on January 2, dropping to 19.6200.

This high-to-low spread represents a total annual volatility of 2.7205 BTN. From a start-to-finish perspective, comparing the January average rate of 19.7850 to the December average rate of 20.9980, the exchange rate registered a net change of 6.13% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 22.3405 was up 7.45% compared to the 2017 peak of 20.7908, 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 111,703 BTN

2017 Average 99,784 BTN

Yearly Trough Low 98,100 BTN

Transaction Impact: A difference of 13,602.54 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

22.3169

19.5548

JanuMarcMayJulySeptNove

PEN to BTN 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 20.2132, compared to 21.3761 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.1629 points.

H1 Avg (Jan–Jun) 20.2132

H2 Avg (Jul–Dec) 21.3761

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 1.2000 BTN (High: 21.7826 / Low: 20.5827). On the other end, July was the most stable month, with a tight range of 0.1667 BTN (High: 21.0553 / Low: 20.8886).

November Spread (Volatile) ±1.2000

July Spread (Stable) ±0.1667

Growth Streaks & Declines

Trends

Between January and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.7900 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -0.7900

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2018: 22.0867) against the same month in 2017 (average: 20.0176), the exchange rate shifted by +2.0691 (+10.34%).

2018 Avg (October) 22.0867

2017 Avg (October) 20.0176

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	19.9375	19.6200	19.7850
February	19.9931	19.6240	19.8148
March	20.2059	19.8254	20.0085
April	20.6260	20.0019	20.3294
May	20.8842	20.3461	20.6210
June	21.0050	20.5144	20.7207
July	21.0553	20.8886	20.9635
August	21.4665	20.9185	21.1384
September	22.0501	21.4664	21.7736
October	22.3405	21.9053	22.0867
November	21.7826	20.5827	21.2967
December	21.4685	20.6006	20.9980