YEARLY HIGH
1.8720 CNY
YEARLY LOW
1.5927 CNY
YEARLY AVERAGE
1.7553 CNY

2022 PEN to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the PEN to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on November 17, valuing the pair at 1.8720. Conversely, the yearly low was recorded on January 2, dropping to 1.5927.

This high-to-low spread represents a total annual volatility of 0.2794 CNY. From a start-to-finish perspective, comparing the January average rate of 1.6326 to the December average rate of 1.8229, the exchange rate registered a net change of 11.66% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 1.8720 was up 2.63% compared to the 2021 peak of 1.8241, 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 9,360 CNY
2021 Average 8,331 CNY
Yearly Trough Low 7,963 CNY
Transaction Impact: A difference of 1,396.91 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

1.8715
1.6109
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 1.7159, compared to 1.7948 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0789 points.

H1 Avg (Jan–Jun) 1.7159
H2 Avg (Jul–Dec) 1.7948

Volatility Range Comparison

Volatility

The most volatile month in 2022 was May, with a trading range of 0.1133 CNY (High: 1.8332 / Low: 1.7199). On the other end, June was the most stable month, with a tight range of 0.0373 CNY (High: 1.8061 / Low: 1.7689).

May Spread (Volatile) ±0.1133
June Spread (Stable) ±0.0373

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0591 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0591

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2022: 1.8498) against the same month in 2021 (average: 1.5898), the exchange rate shifted by +0.2600 (+16.35%).

2022 Avg (November) 1.8498
2021 Avg (November) 1.5898

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.6582 1.5927 1.6326
February 1.6963 1.6434 1.6730
March 1.7178 1.6676 1.6967
April 1.7501 1.6954 1.7204
May 1.8332 1.7199 1.7849
June 1.8061 1.7689 1.7876
July 1.7552 1.6931 1.7285
August 1.8081 1.7183 1.7561
September 1.8282 1.7795 1.8027
October 1.8377 1.7792 1.8087
November 1.8720 1.8215 1.8498
December 1.8444 1.7995 1.8229