YEARLY HIGH
0.7362 XCD
YEARLY LOW
0.6966 XCD
YEARLY AVERAGE
0.7202 XCD

2024 PEN to XCD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PEN to XCD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 8, valuing the pair at 0.7362. Conversely, the yearly low was recorded on February 14, dropping to 0.6966.

This high-to-low spread represents a total annual volatility of 0.0396 XCD. From a start-to-finish perspective, comparing the January average rate of 0.7244 to the December average rate of 0.7242, 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 0.7362 was down 3.07% compared to the 2023 peak of 0.7595, 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 3,681 XCD
2023 Average 3,615 XCD
Yearly Trough Low 3,483 XCD
Transaction Impact: A difference of 197.76 XCD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.7297
0.7037
JanuMarcMayJulySeptNove

PEN to XCD 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 0.7207, compared to 0.7197 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.7207
H2 Avg (Jul–Dec) 0.7197

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0249 XCD (High: 0.7278 / Low: 0.7029). On the other end, August was the most stable month, with a tight range of 0.0091 XCD (High: 0.7287 / Low: 0.7195).

July Spread (Volatile) ±0.0249
August Spread (Stable) ±0.0091

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 0.0185 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0185

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.7274) against the same month in 2023 (average: 0.7194), the exchange rate shifted by +0.0080 (+1.12%).

2024 Avg (April) 0.7274
2023 Avg (April) 0.7194

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7324 0.7087 0.7244
February 0.7148 0.6966 0.7059
March 0.7361 0.7141 0.7275
April 0.7362 0.7176 0.7274
May 0.7329 0.7180 0.7243
June 0.7246 0.7047 0.7144
July 0.7278 0.7029 0.7181
August 0.7287 0.7195 0.7236
September 0.7272 0.7079 0.7170
October 0.7292 0.7162 0.7205
November 0.7229 0.7098 0.7148
December 0.7287 0.7192 0.7242