2024 PEN to EUR Historical Review

YEARLY HIGH

0.2587 EUR

YEARLY LOW

0.2367 EUR

YEARLY AVERAGE

0.2463 EUR

2024 PEN to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PEN to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 0.2587. Conversely, the yearly low was recorded on September 24, dropping to 0.2367.

This high-to-low spread represents a total annual volatility of 0.0219 EUR. From a start-to-finish perspective, comparing the January average rate of 0.2457 to the December average rate of 0.2559, the exchange rate registered a net change of 4.17% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2587 was up 1.45% compared to the 2023 peak of 0.2550, 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 1,293 EUR

2023 Average 1,236 EUR

Yearly Trough Low 1,184 EUR

Transaction Impact: A difference of 109.55 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2576

0.2371

JanuMarcMayJulySeptNove

PEN to EUR 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 0.2466, compared to 0.2460 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.2466

H2 Avg (Jul–Dec) 0.2460

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0107 EUR (High: 0.2532 / Low: 0.2425). On the other end, October was the most stable month, with a tight range of 0.0038 EUR (High: 0.2469 / Low: 0.2431).

November Spread (Volatile) ±0.0107

October Spread (Stable) ±0.0038

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 August and September, when the average rate fell by 0.0041 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0041

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.2559) against the same month in 2023 (average: 0.2450), the exchange rate shifted by +0.0109 (+4.43%).

2024 Avg (December) 0.2559

2023 Avg (December) 0.2450

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2483	0.2418	0.2457
February	0.2440	0.2396	0.2420
March	0.2516	0.2436	0.2476
April	0.2547	0.2480	0.2510
May	0.2516	0.2454	0.2479
June	0.2478	0.2432	0.2456
July	0.2476	0.2420	0.2448
August	0.2480	0.2381	0.2429
September	0.2416	0.2367	0.2388
October	0.2469	0.2431	0.2447
November	0.2532	0.2425	0.2489
December	0.2587	0.2525	0.2559