2022 PEN to TOP Historical Review

YEARLY HIGH

0.6323 TOP

YEARLY LOW

0.5700 TOP

YEARLY AVERAGE

0.6081 TOP

2022 PEN to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the PEN to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on May 29, valuing the pair at 0.6323. Conversely, the yearly low was recorded on January 2, dropping to 0.5700.

This high-to-low spread represents a total annual volatility of 0.0623 TOP. From a start-to-finish perspective, comparing the January average rate of 0.5846 to the December average rate of 0.6134, the exchange rate registered a net change of 4.93% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.6323 was down 0.59% compared to the 2021 peak of 0.6361, 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 3,162 TOP

2021 Average 2,925 TOP

Yearly Trough Low 2,850 TOP

Transaction Impact: A difference of 311.61 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.6247

0.5809

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 0.6059, compared to 0.6104 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0045 points.

H1 Avg (Jan–Jun) 0.6059

H2 Avg (Jul–Dec) 0.6104

Volatility Range Comparison

Volatility

The most volatile month in 2022 was May, with a trading range of 0.0305 TOP (High: 0.6323 / Low: 0.6018). On the other end, September was the most stable month, with a tight range of 0.0110 TOP (High: 0.6197 / Low: 0.6087).

May Spread (Volatile) ±0.0305

September Spread (Stable) ±0.0110

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0176 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0176

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2022: 0.6188) against the same month in 2021 (average: 0.5974), the exchange rate shifted by +0.0213 (+3.57%).

2022 Avg (May) 0.6188

2021 Avg (May) 0.5974

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5932	0.5700	0.5846
February	0.6133	0.5875	0.5981
March	0.6130	0.5975	0.6054
April	0.6195	0.6021	0.6073
May	0.6323	0.6018	0.6188
June	0.6287	0.6115	0.6211
July	0.6137	0.5945	0.6035
August	0.6172	0.5947	0.6038
September	0.6197	0.6087	0.6132
October	0.6201	0.6048	0.6126
November	0.6241	0.6079	0.6159
December	0.6204	0.6058	0.6134