2024 PEN to KPW Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 PEN to KPW Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the PEN to KPW exchange rate experienced significant fluctuation. The market reached its absolute peak on April 8, valuing the pair at 245.1671. Conversely, the yearly low was recorded on February 14, dropping to 231.9954.
This high-to-low spread represents a total annual volatility of 13.1717 KPW. From a start-to-finish perspective, comparing the January average rate of 241.2237 to the December average rate of 241.1808, the exchange rate registered a net change of -0.02% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 245.1671 was down 3.07% compared to the 2023 peak of 252.9245, 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 2024.
PEN to KPW 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 239.9902, compared to 239.6769 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3133 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was July, with a trading range of 8.2863 KPW (High: 242.3655 / Low: 234.0792). On the other end, August was the most stable month, with a tight range of 3.0443 KPW (High: 242.6580 / Low: 239.6137).
Growth Streaks & Declines
TrendsBetween 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 6.1451 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2024: 242.2311) against the same month in 2023 (average: 239.5587), the exchange rate shifted by +2.6724 (+1.12%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 243.8956 | 236.0062 | 241.2237 |
| February | 238.0278 | 231.9954 | 235.0786 |
| March | 245.1430 | 237.7933 | 242.2807 |
| April | 245.1671 | 238.9854 | 242.2311 |
| May | 244.0776 | 239.1118 | 241.2095 |
| June | 241.2934 | 234.6855 | 237.9176 |
| July | 242.3655 | 234.0792 | 239.1398 |
| August | 242.6580 | 239.6137 | 240.9683 |
| September | 242.1833 | 235.7456 | 238.7749 |
| October | 242.8241 | 238.4935 | 239.9511 |
| November | 240.7424 | 236.3637 | 238.0463 |
| December | 242.6647 | 239.5118 | 241.1808 |