YEARLY HIGH
2.3841 SVC
YEARLY LOW
2.2555 SVC
YEARLY AVERAGE
2.3313 SVC

2024 PEN to SVC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PEN to SVC exchange rate experienced significant fluctuation. The market reached its absolute peak on March 14, valuing the pair at 2.3841. Conversely, the yearly low was recorded on February 14, dropping to 2.2555.

This high-to-low spread represents a total annual volatility of 0.1286 SVC. From a start-to-finish perspective, comparing the January average rate of 2.3448 to the December average rate of 2.3441, the exchange rate registered a net change of -0.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.3841 was down 3.02% compared to the 2023 peak of 2.4582, 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 11,920 SVC
2023 Average 11,698 SVC
Yearly Trough Low 11,277 SVC
Transaction Impact: A difference of 642.96 SVC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.3609
2.2790
JanuMarcMayJulySeptNove

PEN to SVC 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 2.3326, compared to 2.3300 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0026 points.

H1 Avg (Jan–Jun) 2.3326
H2 Avg (Jul–Dec) 2.3300

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0793 SVC (High: 2.3551 / Low: 2.2758). On the other end, August was the most stable month, with a tight range of 0.0258 SVC (High: 2.3578 / Low: 2.3320).

July Spread (Volatile) ±0.0793
August Spread (Stable) ±0.0258

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 0.0590 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0590

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 2.3541) against the same month in 2023 (average: 2.3131), the exchange rate shifted by +0.0410 (+1.77%).

2024 Avg (March) 2.3541
2023 Avg (March) 2.3131

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.3710 2.2940 2.3448
February 2.3189 2.2555 2.2859
March 2.3841 2.3108 2.3541
April 2.3771 2.3209 2.3536
May 2.3707 2.3244 2.3443
June 2.3451 2.2825 2.3131
July 2.3551 2.2758 2.3245
August 2.3578 2.3320 2.3406
September 2.3540 2.2927 2.3218
October 2.3589 2.3197 2.3344
November 2.3361 2.2953 2.3147
December 2.3564 2.3288 2.3441