2024 PEN to SBD Historical Review

YEARLY HIGH

2.3708 SBD

YEARLY LOW

2.1738 SBD

YEARLY AVERAGE

2.2447 SBD

2024 PEN to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PEN to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 12, valuing the pair at 2.3708. Conversely, the yearly low was recorded on February 14, dropping to 2.1738.

This high-to-low spread represents a total annual volatility of 0.1970 SBD. From a start-to-finish perspective, comparing the January average rate of 2.2570 to the December average rate of 2.2455, the exchange rate registered a net change of -0.51% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.3708 was up 0.80% compared to the 2023 peak of 2.3519, 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 11,854 SBD

2023 Average 11,164 SBD

Yearly Trough Low 10,869 SBD

Transaction Impact: A difference of 984.84 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.2895

2.2006

JanuMarcMayJulySeptNove

PEN to SBD 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 2.2562, compared to 2.2333 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0229 points.

H1 Avg (Jan–Jun) 2.2562

H2 Avg (Jul–Dec) 2.2333

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.1313 SBD (High: 2.3708 / Low: 2.2395). On the other end, December was the most stable month, with a tight range of 0.0358 SBD (High: 2.2604 / Low: 2.2246).

March Spread (Volatile) ±0.1313

December Spread (Stable) ±0.0358

Growth Streaks & Declines

Trends

Between February and April, 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 August and September, when the average rate fell by 0.0575 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0575

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 2.2790) against the same month in 2023 (average: 2.1788), the exchange rate shifted by +0.1002 (+4.60%).

2024 Avg (March) 2.2790

2023 Avg (March) 2.1788

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.2872	2.2076	2.2570
February	2.2454	2.1738	2.2080
March	2.3708	2.2395	2.2790
April	2.3129	2.2505	2.2821
May	2.2987	2.2537	2.2741
June	2.2727	2.2007	2.2369
July	2.2776	2.1950	2.2451
August	2.2892	2.2444	2.2702
September	2.2615	2.1832	2.2127
October	2.2374	2.1994	2.2148
November	2.2425	2.2006	2.2114
December	2.2604	2.2246	2.2455