2024 PEN to GBP Historical Review

YEARLY HIGH

0.2194 GBP

YEARLY LOW

0.1973 GBP

YEARLY AVERAGE

0.2086 GBP

2024 PEN to GBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PEN to GBP exchange rate experienced significant fluctuation. The market reached its absolute peak on April 22, valuing the pair at 0.2194. Conversely, the yearly low was recorded on September 24, dropping to 0.1973.

This high-to-low spread represents a total annual volatility of 0.0220 GBP. From a start-to-finish perspective, comparing the January average rate of 0.2109 to the December average rate of 0.2121, the exchange rate registered a net change of 0.57% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2194 was down 2.02% compared to the 2023 peak of 0.2239, 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 1,097 GBP

2023 Average 1,075 GBP

Yearly Trough Low 987 GBP

Transaction Impact: A difference of 110.23 GBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2166

0.1992

JanuMarcMayJulySeptNove

PEN to GBP 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 0.2108, compared to 0.2063 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0045 points.

H1 Avg (Jan–Jun) 0.2108

H2 Avg (Jul–Dec) 0.2063

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0103 GBP (High: 0.2118 / Low: 0.2015). On the other end, October was the most stable month, with a tight range of 0.0032 GBP (High: 0.2060 / Low: 0.2028).

August Spread (Volatile) ±0.0103

October Spread (Stable) ±0.0032

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 0.0062 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0062

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.2152) against the same month in 2023 (average: 0.2139), the exchange rate shifted by +0.0013 (+0.60%).

2024 Avg (April) 0.2152

2023 Avg (April) 0.2139

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2137	0.2066	0.2109
February	0.2089	0.2048	0.2068
March	0.2161	0.2083	0.2118
April	0.2194	0.2123	0.2152
May	0.2165	0.2087	0.2121
June	0.2099	0.2062	0.2080
July	0.2085	0.2045	0.2065
August	0.2118	0.2015	0.2068
September	0.2030	0.1973	0.2007
October	0.2060	0.2028	0.2044
November	0.2110	0.2033	0.2075
December	0.2147	0.2095	0.2121