2024 PEN to CAD Historical Review

YEARLY HIGH

0.3876 CAD

YEARLY LOW

0.3476 CAD

YEARLY AVERAGE

0.3652 CAD

2024 PEN to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PEN to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 0.3876. Conversely, the yearly low was recorded on February 15, dropping to 0.3476.

This high-to-low spread represents a total annual volatility of 0.0400 CAD. From a start-to-finish perspective, comparing the January average rate of 0.3596 to the December average rate of 0.3822, the exchange rate registered a net change of 6.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3876 was up 3.53% compared to the 2023 peak of 0.3744, 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 1,938 CAD

2023 Average 1,806 CAD

Yearly Trough Low 1,738 CAD

Transaction Impact: A difference of 200.21 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3852

0.3495

JanuMarcMayJulySeptNove

PEN to CAD 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 0.3622, compared to 0.3681 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0059 points.

H1 Avg (Jan–Jun) 0.3622

H2 Avg (Jul–Dec) 0.3681

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0151 CAD (High: 0.3708 / Low: 0.3557). On the other end, October was the most stable month, with a tight range of 0.0074 CAD (High: 0.3705 / Low: 0.3631).

July Spread (Volatile) ±0.0151

October Spread (Stable) ±0.0074

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0072 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0072

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.3822) against the same month in 2023 (average: 0.3589), the exchange rate shifted by +0.0232 (+6.47%).

2024 Avg (December) 0.3822

2023 Avg (December) 0.3589

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3643	0.3514	0.3596
February	0.3591	0.3476	0.3525
March	0.3710	0.3588	0.3645
April	0.3740	0.3626	0.3682
May	0.3710	0.3634	0.3663
June	0.3674	0.3571	0.3623
July	0.3708	0.3557	0.3644
August	0.3741	0.3591	0.3659
September	0.3640	0.3556	0.3594
October	0.3705	0.3631	0.3669
November	0.3748	0.3669	0.3698
December	0.3876	0.3746	0.3822