YEARLY HIGH
1.8241 CNY
YEARLY LOW
1.5552 CNY
YEARLY AVERAGE
1.6667 CNY

2021 PEN to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the PEN to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on April 9, valuing the pair at 1.8241. Conversely, the yearly low was recorded on December 8, dropping to 1.5552.

This high-to-low spread represents a total annual volatility of 0.2689 CNY. From a start-to-finish perspective, comparing the January average rate of 1.7850 to the December average rate of 1.5754, the exchange rate registered a net change of -11.74% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.8241 was down 13.42% compared to the 2020 peak of 2.1068, 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 9,121 CNY
2020 Average 9,886 CNY
Yearly Trough Low 7,776 CNY
Transaction Impact: A difference of 1,344.35 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.8063
1.5506
JanuMarcMayJulySeptNove

PEN to CNY 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 1.7386, compared to 1.5949 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1437 points.

H1 Avg (Jan–Jun) 1.7386
H2 Avg (Jul–Dec) 1.5949

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.1277 CNY (High: 1.8241 / Low: 1.6964). On the other end, February was the most stable month, with a tight range of 0.0102 CNY (High: 1.7778 / Low: 1.7676).

April Spread (Volatile) ±0.1277
February Spread (Stable) ±0.0102

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0637 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0637

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 1.7684) against the same month in 2020 (average: 2.0793), the exchange rate shifted by -0.3110 (-14.95%).

2021 Avg (April) 1.7684
2020 Avg (April) 2.0793

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.7962 1.7666 1.7850
February 1.7778 1.7676 1.7733
March 1.7691 1.7425 1.7567
April 1.8241 1.6964 1.7684
May 1.7633 1.6573 1.7059
June 1.6747 1.6198 1.6422
July 1.6739 1.6250 1.6450
August 1.6465 1.5755 1.5887
September 1.5793 1.5593 1.5719
October 1.6429 1.5577 1.5984
November 1.6013 1.5654 1.5898
December 1.6060 1.5552 1.5754