2024 CVE to PYG Historical Review

YEARLY HIGH

79.0123 PYG

YEARLY LOW

70.5727 PYG

YEARLY AVERAGE

74.1071 PYG

2024 CVE to PYG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CVE to PYG exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 79.0123. Conversely, the yearly low was recorded on February 14, dropping to 70.5727.

This high-to-low spread represents a total annual volatility of 8.4395 PYG. From a start-to-finish perspective, comparing the January average rate of 72.0012 to the December average rate of 74.1815, the exchange rate registered a net change of 3.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 79.0123 was up 6.54% compared to the 2023 peak of 74.1624, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 395,061 PYG

2023 Average 357,003 PYG

Yearly Trough Low 352,864 PYG

Transaction Impact: A difference of 42,197.62 PYG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

78.7783

70.5477

JanuMarcMayJulySeptNove

CVE 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 72.3508, compared to 75.8633 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.5125 points.

H1 Avg (Jan–Jun) 72.3508

H2 Avg (Jul–Dec) 75.8633

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 4.1836 PYG (High: 77.8679 / Low: 73.6842). On the other end, March was the most stable month, with a tight range of 1.0204 PYG (High: 72.4896 / Low: 71.4692).

November Spread (Volatile) ±4.1836

March Spread (Stable) ±1.0204

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 2.3248 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -2.3248

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 78.0924) against the same month in 2023 (average: 70.4485), the exchange rate shifted by +7.6439 (+10.85%).

2024 Avg (September) 78.0924

2023 Avg (September) 70.4485

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	73.1779	71.3613	72.0012
February	71.8450	70.5727	71.2336
March	72.4896	71.4692	72.0257
April	72.7069	71.2271	72.0047
May	74.2801	72.0435	73.4198
June	74.4232	72.7490	73.4200
July	74.8297	73.1576	74.2336
August	77.1332	73.8118	75.5657
September	79.0123	76.8444	78.0924
October	78.5660	77.0997	77.7159
November	77.8679	73.6842	75.3910
December	75.1201	73.3756	74.1815