YEARLY HIGH
0.9927 PEN
YEARLY LOW
0.8037 PEN
YEARLY AVERAGE
0.9429 PEN

2024 PLN to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PLN to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 0.9927. Conversely, the yearly low was recorded on January 1, dropping to 0.8037.

This high-to-low spread represents a total annual volatility of 0.1890 PEN. From a start-to-finish perspective, comparing the January average rate of 0.9289 to the December average rate of 0.9153, the exchange rate registered a net change of -1.46% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.9927 was up 2.90% compared to the 2023 peak of 0.9648, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 PLN based on timing:

Yearly Peak High 19,855 PEN
2023 Average 17,834 PEN
Yearly Trough Low 16,075 PEN
Transaction Impact: A difference of 3,779.65 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.9855
0.9090
JanuMarcMayJulySeptNove

PLN to PEN 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 0.9386, compared to 0.9471 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0085 points.

H1 Avg (Jan–Jun) 0.9386
H2 Avg (Jul–Dec) 0.9471

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.1469 PEN (High: 0.9506 / Low: 0.8037). On the other end, February was the most stable month, with a tight range of 0.0175 PEN (High: 0.9664 / Low: 0.9489).

January Spread (Volatile) ±0.1469
February Spread (Stable) ±0.0175

Growth Streaks & Declines

Trends

Between April and September, 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 September and October, when the average rate fell by 0.0323 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0323

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.9791) against the same month in 2023 (average: 0.8643), the exchange rate shifted by +0.1148 (+13.28%).

2024 Avg (September) 0.9791
2023 Avg (September) 0.8643

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9506 0.8037 0.9289
February 0.9664 0.9489 0.9556
March 0.9521 0.9187 0.9375
April 0.9381 0.9076 0.9257
May 0.9581 0.9229 0.9420
June 0.9528 0.9215 0.9421
July 0.9658 0.9414 0.9541
August 0.9838 0.9371 0.9598
September 0.9927 0.9662 0.9791
October 0.9573 0.9320 0.9468
November 0.9467 0.9105 0.9274
December 0.9282 0.9063 0.9153