2021 PEN to IRR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 PEN to IRR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the PEN to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 9, valuing the pair at 11720.4300. Conversely, the yearly low was recorded on October 1, dropping to 10195.7291.
This high-to-low spread represents a total annual volatility of 1524.7009 IRR. From a start-to-finish perspective, comparing the January average rate of 11608.6516 to the December average rate of 10451.7324, the exchange rate registered a net change of -9.97% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2021 high of 11720.4300 was down 37.26% compared to the 2020 peak of 18679.6463, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 PEN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
PEN to IRR Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 11310.6403, compared to 10465.2559 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 845.3844 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was April, with a trading range of 695.9853 IRR (High: 11720.4300 / Low: 11024.4447). On the other end, February was the most stable month, with a tight range of 64.7664 IRR (High: 11575.0413 / Low: 11510.2749).
Growth Streaks & Declines
TrendsBetween September and November, 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 May and June, when the average rate fell by 409.6858 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2021: 11413.1484) against the same month in 2020 (average: 12381.6377), the exchange rate shifted by -968.4894 (-7.82%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 11667.1839 | 11540.7798 | 11608.6516 |
| February | 11575.0413 | 11510.2749 | 11549.2890 |
| March | 11513.5357 | 11196.6762 | 11358.7917 |
| April | 11720.4300 | 11024.4447 | 11413.1484 |
| May | 11507.2424 | 10932.0987 | 11171.8235 |
| June | 11011.3639 | 10563.6188 | 10762.1377 |
| July | 10887.7477 | 10576.7753 | 10702.7138 |
| August | 10741.9063 | 10243.4078 | 10341.7221 |
| September | 10321.6510 | 10212.0488 | 10273.2578 |
| October | 10764.0306 | 10195.7291 | 10509.0829 |
| November | 10573.8170 | 10398.3880 | 10513.0264 |
| December | 10654.9557 | 10345.3435 | 10451.7324 |