2020 PEN to TOP Historical Review

YEARLY HIGH

0.6981 TOP

YEARLY LOW

0.6279 TOP

YEARLY AVERAGE

0.6592 TOP

2020 PEN to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the PEN to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on April 7, valuing the pair at 0.6981. Conversely, the yearly low was recorded on November 16, dropping to 0.6279.

This high-to-low spread represents a total annual volatility of 0.0702 TOP. From a start-to-finish perspective, comparing the January average rate of 0.6906 to the December average rate of 0.6343, the exchange rate registered a net change of -8.16% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.6981 was down 0.16% compared to the 2019 peak of 0.6992, 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 3,491 TOP

2019 Average 3,433 TOP

Yearly Trough Low 3,140 TOP

Transaction Impact: A difference of 350.94 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.6963

0.6287

JanuMarcMayJulySeptNove

PEN to TOP 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 0.6772, compared to 0.6412 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0360 points.

H1 Avg (Jan–Jun) 0.6772

H2 Avg (Jul–Dec) 0.6412

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0401 TOP (High: 0.6970 / Low: 0.6569). On the other end, September was the most stable month, with a tight range of 0.0073 TOP (High: 0.6459 / Low: 0.6386).

March Spread (Volatile) ±0.0401

September Spread (Stable) ±0.0073

Growth Streaks & Declines

Trends

Between August and October, 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 0.0221 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0221

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2020: 0.6869) against the same month in 2019 (average: 0.6869), the exchange rate shifted by +0.0000 (+0.00%).

2020 Avg (April) 0.6869

2019 Avg (April) 0.6869

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6939	0.6843	0.6906
February	0.6896	0.6712	0.6832
March	0.6970	0.6569	0.6735
April	0.6981	0.6813	0.6869
May	0.6868	0.6656	0.6756
June	0.6683	0.6462	0.6536
July	0.6534	0.6431	0.6483
August	0.6455	0.6373	0.6406
September	0.6459	0.6386	0.6425
October	0.6474	0.6372	0.6436
November	0.6455	0.6279	0.6378
December	0.6381	0.6283	0.6343