2024 PEN to GYD Historical Review

YEARLY HIGH

58.2141 GYD

YEARLY LOW

53.9742 GYD

YEARLY AVERAGE

55.7542 GYD

2024 PEN to GYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PEN to GYD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 13, valuing the pair at 58.2141. Conversely, the yearly low was recorded on February 14, dropping to 53.9742.

This high-to-low spread represents a total annual volatility of 4.2399 GYD. From a start-to-finish perspective, comparing the January average rate of 56.0912 to the December average rate of 56.0390, the exchange rate registered a net change of -0.09% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 58.2141 was down 1.35% compared to the 2023 peak of 59.0079, 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 291,071 GYD

2023 Average 281,074 GYD

Yearly Trough Low 269,871 GYD

Transaction Impact: A difference of 21,199.44 GYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

56.5252

54.5005

JanuMarcMayJulySeptNove

PEN to GYD 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 55.8017, compared to 55.7067 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0950 points.

H1 Avg (Jan–Jun) 55.8017

H2 Avg (Jul–Dec) 55.7067

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 2.9615 GYD (High: 58.2141 / Low: 55.2526). On the other end, August was the most stable month, with a tight range of 0.6171 GYD (High: 56.3732 / Low: 55.7561).

March Spread (Volatile) ±2.9615

August Spread (Stable) ±0.6171

Growth Streaks & Declines

Trends

Between June and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 1.4220 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.4220

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 56.3565) against the same month in 2023 (average: 55.7813), the exchange rate shifted by +0.5753 (+1.03%).

2024 Avg (March) 56.3565

2023 Avg (March) 55.7813

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	56.7000	54.8512	56.0912
February	55.4454	53.9742	54.6692
March	58.2141	55.2526	56.3565
April	56.8457	55.6469	56.3197
May	56.6879	55.6120	56.0664
June	56.1032	54.5754	55.3072
July	56.3151	54.3902	55.5727
August	56.3732	55.7561	55.9677
September	56.2571	54.8256	55.5128
October	56.3729	55.4664	55.8075
November	55.8592	54.8780	55.3404
December	56.3224	55.6543	56.0390