2024 PEN to BTN Historical Review

YEARLY HIGH

22.8628 BTN

YEARLY LOW

21.4043 BTN

YEARLY AVERAGE

22.2914 BTN

2024 PEN to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PEN to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 22.8628. Conversely, the yearly low was recorded on February 14, dropping to 21.4043.

This high-to-low spread represents a total annual volatility of 1.4585 BTN. From a start-to-finish perspective, comparing the January average rate of 22.2734 to the December average rate of 22.7646, the exchange rate registered a net change of 2.21% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 22.8628 was down 1.18% compared to the 2023 peak of 23.1365, 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 114,314 BTN

2023 Average 110,410 BTN

Yearly Trough Low 107,022 BTN

Transaction Impact: A difference of 7,292.43 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

22.8734

21.5676

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 22.1876, compared to 22.3953 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2077 points.

H1 Avg (Jan–Jun) 22.1876

H2 Avg (Jul–Dec) 22.3953

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.8799 BTN (High: 22.6307 / Low: 21.7508). On the other end, August was the most stable month, with a tight range of 0.2449 BTN (High: 22.5817 / Low: 22.3368).

January Spread (Volatile) ±0.8799

August Spread (Stable) ±0.2449

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 0.5969 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.5969

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 22.7646) against the same month in 2023 (average: 22.3027), the exchange rate shifted by +0.4619 (+2.07%).

2024 Avg (December) 22.7646

2023 Avg (December) 22.3027

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	22.6307	21.7508	22.2734
February	21.9683	21.4043	21.6764
March	22.6678	21.8921	22.3373
April	22.6315	22.1804	22.4322
May	22.6251	22.1296	22.3389
June	22.3942	21.7354	22.0672
July	22.4898	21.7070	22.2050
August	22.5817	22.3368	22.4423
September	22.4827	22.0047	22.2353
October	22.5960	22.2739	22.4159
November	22.5830	22.1071	22.3085
December	22.8628	22.5648	22.7646