2024 PEN to CDF Historical Review

YEARLY HIGH

775.1576 CDF

YEARLY LOW

709.5218 CDF

YEARLY AVERAGE

750.1926 CDF

2024 PEN to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PEN to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on August 2, valuing the pair at 775.1576. Conversely, the yearly low was recorded on February 14, dropping to 709.5218.

This high-to-low spread represents a total annual volatility of 65.6358 CDF. From a start-to-finish perspective, comparing the January average rate of 729.5141 to the December average rate of 764.8560, the exchange rate registered a net change of 4.84% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 775.1576 was up 2.91% compared to the 2023 peak of 753.2561, 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 3,875,788 CDF

2023 Average 3,127,899 CDF

Yearly Trough Low 3,547,609 CDF

Transaction Impact: A difference of 328,179.21 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

769.3468

715.4572

JanuMarcMayJulySeptNove

PEN to CDF 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 740.9090, compared to 759.4762 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 18.5672 points.

H1 Avg (Jan–Jun) 740.9090

H2 Avg (Jul–Dec) 759.4762

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 31.9070 CDF (High: 742.4199 / Low: 710.5130). On the other end, November was the most stable month, with a tight range of 13.4753 CDF (High: 764.8861 / Low: 751.4108).

January Spread (Volatile) ±31.9070

November Spread (Stable) ±13.4753

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 9.5661 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -9.5661

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 762.7827) against the same month in 2023 (average: 670.8032), the exchange rate shifted by +91.9794 (+13.71%).

2024 Avg (August) 762.7827

2023 Avg (August) 670.8032

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	742.4199	710.5130	729.5141
February	730.4340	709.5218	719.9480
March	754.8731	731.8749	746.8285
April	763.9773	738.0904	751.3345
May	755.0617	741.5790	749.2200
June	755.4277	741.3492	748.6090
July	764.4354	739.1461	755.6270
August	775.1576	752.3009	762.7827
September	767.9227	744.1940	755.6756
October	770.1289	753.8112	761.2736
November	764.8861	751.4108	756.6425
December	773.7169	760.2240	764.8560