YEARLY HIGH
2.3841 HKD
YEARLY LOW
2.2991 HKD
YEARLY AVERAGE
2.3488 HKD

2019 PEN to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the PEN to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 20, valuing the pair at 2.3841. Conversely, the yearly low was recorded on December 11, dropping to 2.2991.

This high-to-low spread represents a total annual volatility of 0.0850 HKD. From a start-to-finish perspective, comparing the January average rate of 2.3457 to the December average rate of 2.3285, the exchange rate registered a net change of -0.73% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 2.3841 was down 2.44% compared to the 2018 peak of 2.4438, 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 11,921 HKD
2018 Average 11,927 HKD
Yearly Trough Low 11,495 HKD
Transaction Impact: A difference of 425.25 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

2.3802
2.3164
JanuMarcMayJulySeptNove

PEN to HKD 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 2.3612, compared to 2.3364 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0248 points.

H1 Avg (Jan–Jun) 2.3612
H2 Avg (Jul–Dec) 2.3364

Volatility Range Comparison

Volatility

The most volatile month in 2019 was September, with a trading range of 0.0551 HKD (High: 2.3582 / Low: 2.3031). On the other end, July was the most stable month, with a tight range of 0.0192 HKD (High: 2.3826 / Low: 2.3634).

September Spread (Volatile) ±0.0551
July Spread (Stable) ±0.0192

Growth Streaks & Declines

Trends

Between January and March, 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 July and August, when the average rate fell by 0.0516 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0516

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2019: 2.3748) against the same month in 2018 (average: 2.4126), the exchange rate shifted by -0.0378 (-1.57%).

2019 Avg (March) 2.3748
2018 Avg (March) 2.4126

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.3623 2.3217 2.3457
February 2.3745 2.3513 2.3625
March 2.3841 2.3644 2.3748
April 2.3841 2.3528 2.3748
May 2.3726 2.3248 2.3566
June 2.3751 2.3203 2.3526
July 2.3826 2.3634 2.3733
August 2.3633 2.3100 2.3217
September 2.3582 2.3031 2.3349
October 2.3508 2.3142 2.3357
November 2.3482 2.3015 2.3241
December 2.3517 2.2991 2.3285