2024 CNY to PYG Historical Review

YEARLY HIGH

1126.2771 PYG

YEARLY LOW

1010.1208 PYG

YEARLY AVERAGE

1053.1605 PYG

2024 CNY to PYG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CNY to PYG exchange rate experienced significant fluctuation. The market reached its absolute peak on October 27, valuing the pair at 1126.2771. Conversely, the yearly low was recorded on March 23, dropping to 1010.1208.

This high-to-low spread represents a total annual volatility of 116.1563 PYG. From a start-to-finish perspective, comparing the January average rate of 1024.1082 to the December average rate of 1072.1033, the exchange rate registered a net change of 4.69% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1126.2771 was up 2.08% compared to the 2023 peak of 1103.3232, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 CNY based on timing:

Yearly Peak High 28,156,927 PYG

2023 Average 25,769,377 PYG

Yearly Trough Low 25,253,019 PYG

Transaction Impact: A difference of 2,903,907.51 PYG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1119.8206

1006.9373

JanuMarcMayJulySeptNove

CNY to PYG 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 1028.6232, compared to 1077.6978 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 49.0746 points.

H1 Avg (Jan–Jun) 1028.6232

H2 Avg (Jul–Dec) 1077.6978

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 38.3870 PYG (High: 1083.8028 / Low: 1045.4158). On the other end, March was the most stable month, with a tight range of 13.7748 PYG (High: 1023.8956 / Low: 1010.1208).

August Spread (Volatile) ±38.3870

March Spread (Stable) ±13.7748

Growth Streaks & Declines

Trends

Between July and October, 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 October and November, when the average rate fell by 24.9656 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -24.9656

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 1110.4137) against the same month in 2023 (average: 1013.2704), the exchange rate shifted by +97.1433 (+9.59%).

2024 Avg (October) 1110.4137

2023 Avg (October) 1013.2704

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1032.0120	1014.4956	1024.1082
February	1031.2924	1010.8806	1017.8400
March	1023.8956	1010.1208	1016.3443
April	1039.6247	1015.8318	1023.2801
May	1062.3570	1031.5319	1046.6613
June	1066.7187	1034.2214	1043.5054
July	1058.7405	1034.0376	1040.3368
August	1083.8028	1045.4158	1060.7756
September	1114.3623	1077.6879	1097.1094
October	1126.2771	1100.5039	1110.4137
November	1110.1406	1072.2528	1085.4480
December	1078.2493	1064.4018	1072.1033