2024 PEN to BZD Historical Review

YEARLY HIGH

0.5492 BZD

YEARLY LOW

0.5196 BZD

YEARLY AVERAGE

0.5370 BZD

2024 PEN to BZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PEN to BZD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 14, valuing the pair at 0.5492. Conversely, the yearly low was recorded on February 14, dropping to 0.5196.

This high-to-low spread represents a total annual volatility of 0.0296 BZD. From a start-to-finish perspective, comparing the January average rate of 0.5402 to the December average rate of 0.5392, the exchange rate registered a net change of -0.18% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5492 was down 3.01% compared to the 2023 peak of 0.5663, 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 2,746 BZD

2023 Average 2,695 BZD

Yearly Trough Low 2,598 BZD

Transaction Impact: A difference of 147.94 BZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5439

0.5250

JanuMarcMayJulySeptNove

PEN to BZD 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 0.5374, compared to 0.5366 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.5374

H2 Avg (Jul–Dec) 0.5366

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0183 BZD (High: 0.5426 / Low: 0.5242). On the other end, August was the most stable month, with a tight range of 0.0060 BZD (High: 0.5432 / Low: 0.5372).

July Spread (Volatile) ±0.0183

August Spread (Stable) ±0.0060

Growth Streaks & Declines

Trends

Between June and August, 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 0.0136 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0136

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.5423) against the same month in 2023 (average: 0.5323), the exchange rate shifted by +0.0100 (+1.87%).

2024 Avg (March) 0.5423

2023 Avg (March) 0.5323

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5462	0.5285	0.5402
February	0.5342	0.5196	0.5266
March	0.5492	0.5323	0.5423
April	0.5476	0.5347	0.5423
May	0.5461	0.5355	0.5400
June	0.5402	0.5258	0.5329
July	0.5426	0.5242	0.5354
August	0.5432	0.5372	0.5392
September	0.5423	0.5282	0.5349
October	0.5434	0.5344	0.5378
November	0.5382	0.5288	0.5333
December	0.5428	0.5346	0.5392