2024 PEN to GMD Historical Review

YEARLY HIGH

19.4123 GMD

YEARLY LOW

17.4346 GMD

YEARLY AVERAGE

18.3370 GMD

2024 PEN to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PEN to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 22, valuing the pair at 19.4123. Conversely, the yearly low was recorded on February 6, dropping to 17.4346.

This high-to-low spread represents a total annual volatility of 1.9777 GMD. From a start-to-finish perspective, comparing the January average rate of 18.0358 to the December average rate of 19.2441, the exchange rate registered a net change of 6.70% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 19.4123 was up 6.28% compared to the 2023 peak of 18.2656, 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 97,061 GMD

2023 Average 83,294 GMD

Yearly Trough Low 87,173 GMD

Transaction Impact: A difference of 9,888.26 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

19.4028

17.4987

JanuMarcMayJulySeptNove

PEN to GMD 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 18.0552, compared to 18.6187 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5635 points.

H1 Avg (Jan–Jun) 18.0552

H2 Avg (Jul–Dec) 18.6187

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 1.0023 GMD (High: 18.6232 / Low: 17.6210). On the other end, May was the most stable month, with a tight range of 0.3806 GMD (High: 18.3804 / Low: 17.9998).

July Spread (Volatile) ±1.0023

May Spread (Stable) ±0.3806

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 January and February, when the average rate fell by 0.3784 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.3784

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 19.2441) against the same month in 2023 (average: 18.0282), the exchange rate shifted by +1.2160 (+6.74%).

2024 Avg (December) 19.2441

2023 Avg (December) 18.0282

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	18.2109	17.6742	18.0358
February	17.9579	17.4346	17.6574
March	18.5083	17.9468	18.2872
April	18.5033	18.0352	18.2738
May	18.3804	17.9998	18.1635
June	18.1669	17.6731	17.9136
July	18.6232	17.6210	18.0232
August	18.9808	18.4252	18.6987
September	18.8365	18.0815	18.4563
October	18.8312	18.0827	18.4711
November	18.9919	18.5761	18.8190
December	19.4123	18.9193	19.2441