YEARLY HIGH
0.4600 PEN
YEARLY LOW
0.4218 PEN
YEARLY AVERAGE
0.4456 PEN

2024 SBD to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SBD to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 14, valuing the pair at 0.4600. Conversely, the yearly low was recorded on March 12, dropping to 0.4218.

This high-to-low spread represents a total annual volatility of 0.0382 PEN. From a start-to-finish perspective, comparing the January average rate of 0.4431 to the December average rate of 0.4453, the exchange rate registered a net change of 0.50% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4600 was down 2.80% compared to the 2023 peak of 0.4733, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 SBD based on timing:

Yearly Peak High 2,300 PEN
2023 Average 2,241 PEN
Yearly Trough Low 2,109 PEN
Transaction Impact: A difference of 191.10 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4544
0.4368
JanuMarcMayJulySeptNove

SBD 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 0.4433, compared to 0.4478 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) 0.4433
H2 Avg (Jul–Dec) 0.4478

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0247 PEN (High: 0.4465 / Low: 0.4218). On the other end, December was the most stable month, with a tight range of 0.0071 PEN (High: 0.4495 / Low: 0.4424).

March Spread (Volatile) ±0.0247
December Spread (Stable) ±0.0071

Growth Streaks & Declines

Trends

Between April and June, 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 February and March, when the average rate fell by 0.0141 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0141

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.4529) against the same month in 2023 (average: 0.4661), the exchange rate shifted by -0.0132 (-2.82%).

2024 Avg (February) 0.4529
2023 Avg (February) 0.4661

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4530 0.4372 0.4431
February 0.4600 0.4454 0.4529
March 0.4465 0.4218 0.4388
April 0.4443 0.4324 0.4382
May 0.4437 0.4350 0.4397
June 0.4544 0.4400 0.4471
July 0.4556 0.4391 0.4454
August 0.4456 0.4368 0.4405
September 0.4580 0.4422 0.4520
October 0.4547 0.4470 0.4515
November 0.4544 0.4459 0.4522
December 0.4495 0.4424 0.4453