2024 PEN to TOP Historical Review

YEARLY HIGH

0.6486 TOP

YEARLY LOW

0.6117 TOP

YEARLY AVERAGE

0.6313 TOP

2024 PEN to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PEN to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on April 22, valuing the pair at 0.6486. Conversely, the yearly low was recorded on February 13, dropping to 0.6117.

This high-to-low spread represents a total annual volatility of 0.0369 TOP. From a start-to-finish perspective, comparing the January average rate of 0.6313 to the December average rate of 0.6417, the exchange rate registered a net change of 1.64% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.6486 was down 1.47% compared to the 2023 peak of 0.6582, 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 3,243 TOP

2023 Average 3,159 TOP

Yearly Trough Low 3,058 TOP

Transaction Impact: A difference of 184.41 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.6440

0.6161

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 0.6312, compared to 0.6313 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.6312

H2 Avg (Jul–Dec) 0.6313

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0245 TOP (High: 0.6393 / Low: 0.6148). On the other end, October was the most stable month, with a tight range of 0.0065 TOP (High: 0.6331 / Low: 0.6266).

July Spread (Volatile) ±0.0245

October Spread (Stable) ±0.0065

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0129 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0129

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.6417) against the same month in 2023 (average: 0.6264), the exchange rate shifted by +0.0153 (+2.44%).

2024 Avg (April) 0.6417

2023 Avg (April) 0.6264

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6363	0.6203	0.6313
February	0.6271	0.6117	0.6185
March	0.6458	0.6270	0.6376
April	0.6486	0.6334	0.6417
May	0.6429	0.6279	0.6347
June	0.6331	0.6164	0.6236
July	0.6393	0.6148	0.6288
August	0.6423	0.6225	0.6330
September	0.6279	0.6163	0.6221
October	0.6331	0.6266	0.6299
November	0.6405	0.6293	0.6324
December	0.6456	0.6372	0.6417