YEARLY HIGH
1.4355 PEN
YEARLY LOW
1.3583 PEN
YEARLY AVERAGE
1.3887 PEN

2024 XCD to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the XCD to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 14, valuing the pair at 1.4355. Conversely, the yearly low was recorded on April 8, dropping to 1.3583.

This high-to-low spread represents a total annual volatility of 0.0771 PEN. From a start-to-finish perspective, comparing the January average rate of 1.3807 to the December average rate of 1.3808, the exchange rate registered a net change of 0.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.4355 was down 0.57% compared to the 2023 peak of 1.4437, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,177 PEN
2023 Average 6,919 PEN
Yearly Trough Low 6,792 PEN
Transaction Impact: A difference of 385.60 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.4209
1.3704
JanuMarcMayJulySeptNove

XCD 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 1.3879, compared to 1.3895 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0016 points.

H1 Avg (Jan–Jun) 1.3879
H2 Avg (Jul–Dec) 1.3895

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0486 PEN (High: 1.4227 / Low: 1.3740). On the other end, August was the most stable month, with a tight range of 0.0174 PEN (High: 1.3898 / Low: 1.3724).

July Spread (Volatile) ±0.0486
August Spread (Stable) ±0.0174

Growth Streaks & Declines

Trends

Between March and June, 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 February and March, when the average rate fell by 0.0421 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0421

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 1.4167) against the same month in 2023 (average: 1.4200), the exchange rate shifted by -0.0033 (-0.23%).

2024 Avg (February) 1.4167
2023 Avg (February) 1.4200

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.4111 1.3654 1.3807
February 1.4355 1.3991 1.4167
March 1.4005 1.3585 1.3746
April 1.3935 1.3583 1.3749
May 1.3927 1.3644 1.3807
June 1.4190 1.3801 1.3998
July 1.4227 1.3740 1.3927
August 1.3898 1.3724 1.3820
September 1.4126 1.3751 1.3948
October 1.3963 1.3714 1.3879
November 1.4089 1.3833 1.3990
December 1.3904 1.3723 1.3808