YEARLY HIGH
5712.2582 SLL
YEARLY LOW
5405.3643 SLL
YEARLY AVERAGE
5587.9878 SLL

2024 PEN to SLL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PEN to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on April 8, valuing the pair at 5712.2582. Conversely, the yearly low was recorded on February 14, dropping to 5405.3643.

This high-to-low spread represents a total annual volatility of 306.8939 SLL. From a start-to-finish perspective, comparing the January average rate of 5620.3773 to the December average rate of 5619.3780, 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 5712.2582 was down 2.34% compared to the 2023 peak of 5849.0632, 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 28,561,291 SLL
2023 Average 25,524,710 SLL
Yearly Trough Low 27,026,822 SLL
Transaction Impact: A difference of 1,534,469.60 SLL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

5661.7862
5460.4192
JanuMarcMayJulySeptNove

PEN to SLL 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 5591.6381, compared to 5584.3376 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 7.3005 points.

H1 Avg (Jan–Jun) 5591.6381
H2 Avg (Jul–Dec) 5584.3376

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 193.0666 SLL (High: 5646.9812 / Low: 5453.9146). On the other end, August was the most stable month, with a tight range of 70.9305 SLL (High: 5653.7976 / Low: 5582.8671).

July Spread (Volatile) ±193.0666
August Spread (Stable) ±70.9305

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 143.1775 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -143.1775

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 5643.8507) against the same month in 2023 (average: 4702.0050), the exchange rate shifted by +941.8457 (+20.03%).

2024 Avg (April) 5643.8507
2023 Avg (April) 4702.0050

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 5682.6312 5498.8135 5620.3773
February 5545.9154 5405.3643 5477.1998
March 5711.6965 5540.4513 5645.0056
April 5712.2582 5568.2262 5643.8507
May 5686.8723 5571.1716 5620.0478
June 5622.0021 5468.0411 5543.3473
July 5646.9812 5453.9146 5571.8249
August 5653.7976 5582.8671 5614.4268
September 5642.7371 5492.7424 5563.3218
October 5657.6676 5556.7657 5590.7283
November 5609.1638 5507.1433 5546.3459
December 5653.9516 5580.4914 5619.3780