YEARLY HIGH
24396.5735 LBP
YEARLY LOW
3862.2132 LBP
YEARLY AVERAGE
21027.7091 LBP

2024 PEN to LBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PEN to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 14, valuing the pair at 24396.5735. Conversely, the yearly low was recorded on February 14, dropping to 3862.2132.

This high-to-low spread represents a total annual volatility of 20534.3602 LBP. From a start-to-finish perspective, comparing the January average rate of 4028.5086 to the December average rate of 23989.9575, the exchange rate registered a net change of 495.50% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 24396.5735 was up 473.48% compared to the 2023 peak of 4254.1451, 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 121,982,867 LBP
2023 Average 18,405,140 LBP
Yearly Trough Low 19,311,066 LBP
Transaction Impact: A difference of 102,671,801.25 LBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

26112.7220
2020.8528
JanuMarcMayJulySeptNove

PEN to LBP 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 18206.1172, compared to 23849.3010 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5643.1838 points.

H1 Avg (Jan–Jun) 18206.1172
H2 Avg (Jul–Dec) 23849.3010

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 19772.6800 LBP (High: 23634.8932 / Low: 3862.2132). On the other end, January was the most stable month, with a tight range of 128.4805 LBP (High: 4070.0464 / Low: 3941.5659).

February Spread (Volatile) ±19772.6800
January Spread (Stable) ±128.4805

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 May and June, when the average rate fell by 315.4339 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -315.4339

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 24105.0662) against the same month in 2023 (average: 3991.1591), the exchange rate shifted by +20113.9071 (+503.96%).

2024 Avg (March) 24105.0662
2023 Avg (March) 3991.1591

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 4070.0464 3941.5659 4028.5086
February 23634.8932 3862.2132 9340.0277
March 24396.5735 23682.8705 24105.0662
April 24333.1733 23756.8076 24094.4997
May 24266.2525 23799.0314 23992.0174
June 24004.6691 23364.2423 23676.5835
July 24103.9645 23292.1776 23788.8437
August 24144.4754 23866.1449 23959.8781
September 24097.9666 23460.4027 23763.8435
October 24155.2985 23749.4979 23894.3504
November 23912.0425 23547.1996 23698.9330
December 24119.6810 23834.1010 23989.9575