2024 AFN to PYG Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 AFN to PYG Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the AFN to PYG exchange rate experienced significant fluctuation. The market reached its absolute peak on October 24, valuing the pair at 120.9340. Conversely, the yearly low was recorded on February 3, dropping to 96.7434.
This high-to-low spread represents a total annual volatility of 24.1905 PYG. From a start-to-finish perspective, comparing the January average rate of 101.8224 to the December average rate of 112.4708, the exchange rate registered a net change of 10.46% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 120.9340 was up 12.22% compared to the 2023 peak of 107.7683, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 AFN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
AFN to PYG Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 102.8656, compared to 111.8109 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 8.9453 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was October, with a trading range of 7.4801 PYG (High: 120.9340 / Low: 113.4538). On the other end, July was the most stable month, with a tight range of 1.8700 PYG (High: 107.8464 / Low: 105.9764).
Growth Streaks & Declines
TrendsBetween February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 3.0954 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2024: 117.3907) against the same month in 2023 (average: 97.6188), the exchange rate shifted by +19.7719 (+20.25%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 104.3285 | 97.7819 | 101.8224 |
| February | 100.8064 | 96.7434 | 99.5760 |
| March | 103.7060 | 99.9253 | 101.3380 |
| April | 104.3942 | 102.2914 | 103.0386 |
| May | 106.8846 | 103.3575 | 104.6536 |
| June | 108.2817 | 104.9944 | 106.7651 |
| July | 107.8464 | 105.9764 | 106.6866 |
| August | 108.9139 | 106.1876 | 107.0685 |
| September | 114.7711 | 108.8151 | 111.6826 |
| October | 120.9340 | 113.4538 | 117.3907 |
| November | 118.0528 | 114.0217 | 115.5662 |
| December | 116.0350 | 110.4354 | 112.4708 |