YEARLY HIGH
6069.7392 STD
YEARLY LOW
5743.6394 STD
YEARLY AVERAGE
5937.6918 STD

2024 PEN to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PEN to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 8, valuing the pair at 6069.7392. Conversely, the yearly low was recorded on February 14, dropping to 5743.6394.

This high-to-low spread represents a total annual volatility of 326.0998 STD. From a start-to-finish perspective, comparing the January average rate of 5972.1082 to the December average rate of 5971.0463, 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 6069.7392 was down 5.37% compared to the 2023 peak of 6414.1629, 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 30,348,696 STD
2023 Average 30,217,362 STD
Yearly Trough Low 28,718,197 STD
Transaction Impact: A difference of 1,630,498.81 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

6016.1085
5802.1397
JanuMarcMayJulySeptNove

PEN to STD 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 5941.5704, compared to 5933.8131 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 7.7573 points.

H1 Avg (Jan–Jun) 5941.5704
H2 Avg (Jul–Dec) 5933.8131

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 205.1490 STD (High: 6000.3770 / Low: 5795.2281). On the other end, August was the most stable month, with a tight range of 75.3695 STD (High: 6007.6200 / Low: 5932.2505).

July Spread (Volatile) ±205.1490
August Spread (Stable) ±75.3695

Growth Streaks & Declines

Trends

Between 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 152.1378 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -152.1378

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 5997.0506) against the same month in 2023 (average: 6075.2062), the exchange rate shifted by -78.1556 (-1.29%).

2024 Avg (April) 5997.0506
2023 Avg (April) 6075.2062

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 6038.2580 5842.9368 5972.1082
February 5892.9864 5743.6394 5819.9704
March 6069.1423 5887.1803 5998.2778
April 6069.7392 5916.6934 5997.0506
May 6042.7646 5919.8232 5971.7581
June 5973.8347 5810.2385 5890.2576
July 6000.3770 5795.2281 5920.5173
August 6007.6200 5932.2505 5965.7853
September 5995.8673 5836.4858 5911.4821
October 6011.7322 5904.5157 5940.6038
November 5960.1930 5851.7879 5893.4438
December 6007.7836 5929.7262 5971.0463