2024 EGP to PYG Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 EGP to PYG Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the EGP to PYG exchange rate experienced significant fluctuation. The market reached its absolute peak on March 1, valuing the pair at 236.7482. Conversely, the yearly low was recorded on March 6, dropping to 147.2118.
This high-to-low spread represents a total annual volatility of 89.5364 PYG. From a start-to-finish perspective, comparing the January average rate of 235.7425 to the December average rate of 154.3919, the exchange rate registered a net change of -34.51% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 236.7482 was down 20.55% compared to the 2023 peak of 297.9760, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 EGP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
EGP 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 184.8390, compared to 157.7936 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 27.0454 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was March, with a trading range of 89.5364 PYG (High: 236.7482 / Low: 147.2118). On the other end, February was the most stable month, with a tight range of 1.2579 PYG (High: 236.3783 / Low: 235.1204).
Growth Streaks & Declines
TrendsBetween August and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 69.3149 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2024: 166.3855) against the same month in 2023 (average: 233.3163), the exchange rate shifted by -66.9308 (-28.69%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 236.5894 | 234.6102 | 235.7425 |
| February | 236.3783 | 235.1204 | 235.7004 |
| March | 236.7482 | 147.2118 | 166.3855 |
| April | 156.5120 | 152.1591 | 154.7228 |
| May | 160.8954 | 155.6523 | 158.6469 |
| June | 159.7077 | 155.8824 | 157.8359 |
| July | 157.3449 | 155.9936 | 156.7069 |
| August | 158.1144 | 153.1050 | 155.0144 |
| September | 161.5537 | 158.0429 | 160.1966 |
| October | 164.4220 | 160.4562 | 162.0369 |
| November | 161.9551 | 156.8039 | 158.4150 |
| December | 156.9271 | 152.6197 | 154.3919 |