2019 PEN to BTN Historical Review

YEARLY HIGH

21.5708 BTN

YEARLY LOW

20.4905 BTN

YEARLY AVERAGE

21.0914 BTN

2019 PEN to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the PEN to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 27, valuing the pair at 21.5708. Conversely, the yearly low was recorded on June 3, dropping to 20.4905.

This high-to-low spread represents a total annual volatility of 1.0803 BTN. From a start-to-finish perspective, comparing the January average rate of 21.1262 to the December average rate of 21.2345, the exchange rate registered a net change of 0.51% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 21.5708 was down 3.45% compared to the 2018 peak of 22.3405, 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 107,854 BTN

2018 Average 104,001 BTN

Yearly Trough Low 102,453 BTN

Transaction Impact: A difference of 5,401.29 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

21.4599

20.8239

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 21.0700, compared to 21.1129 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0429 points.

H1 Avg (Jan–Jun) 21.0700

H2 Avg (Jul–Dec) 21.1129

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.7786 BTN (High: 21.4422 / Low: 20.6636). On the other end, July was the most stable month, with a tight range of 0.2874 BTN (High: 21.0509 / Low: 20.7635).

January Spread (Volatile) ±0.7786

July Spread (Stable) ±0.2874

Growth Streaks & Declines

Trends

Between July and September, 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 February and March, when the average rate fell by 0.3839 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.3839

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2019: 21.4069) against the same month in 2018 (average: 19.8148), the exchange rate shifted by +1.5922 (+8.04%).

2019 Avg (February) 21.4069

2018 Avg (February) 19.8148

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	21.4422	20.6636	21.1262
February	21.5708	21.1555	21.4069
March	21.4381	20.7721	21.0231
April	21.1587	20.7973	21.0361
May	21.1752	20.7144	20.9490
June	21.0607	20.4905	20.8786
July	21.0509	20.7635	20.8769
August	21.2903	20.6074	20.9874
September	21.5208	20.8677	21.2239
October	21.3253	20.8930	21.1495
November	21.3438	21.0536	21.2048
December	21.5315	20.8642	21.2345