Long term, on average.....the Battery Health will decline at about 1% for every 50 Charge Cycles. That....is an average over time, not just a few months. The decline is not linear, since the battery is a chemical device. Some months it might not decline at all and then drop 2% the next month.
So, your battery has completed 209 Charge Cycles. 209 divided by 50 = 4.2%. So, it would be "normal" to expect that the Battery Health would be at about 96% at this time. Your battery is doing better than "normal" so far.
Fact is......your battery was likely really at 102-103% when it was new, but Apple would still display this as 100%. Things are starting to catch up now, since the averages have a way of averaging out over time.
At about 500 Cycles, I would expect your battery to be at about 90% Health and it will be near 80% at 1,000 Cycles. When the Battery Health drops below 80%, it will be time to replace the battery.