2024 ETB to PYG Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 ETB to PYG Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the ETB to PYG exchange rate experienced significant fluctuation. The market reached its absolute peak on May 27, valuing the pair at 131.9161. Conversely, the yearly low was recorded on December 27, dropping to 60.9277.
This high-to-low spread represents a total annual volatility of 70.9884 PYG. From a start-to-finish perspective, comparing the January average rate of 129.0564 to the December average rate of 61.6457, the exchange rate registered a net change of -52.23% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 131.9161 was down 5.10% compared to the 2023 peak of 139.0000, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ETB based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
ETB 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 129.7344, compared to 77.0965 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 52.6379 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was July, with a trading range of 31.4606 PYG (High: 131.9043 / Low: 100.4437). On the other end, February was the most stable month, with a tight range of 1.0195 PYG (High: 129.3149 / Low: 128.2954).
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 July and August, when the average rate fell by 55.2967 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2024: 130.8317) against the same month in 2023 (average: 132.4459), the exchange rate shifted by -1.6143 (-1.22%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 129.6647 | 128.4429 | 129.0564 |
| February | 129.3149 | 128.2954 | 128.6603 |
| March | 130.1090 | 128.2811 | 128.9292 |
| April | 130.7013 | 129.4025 | 129.9847 |
| May | 131.9161 | 130.2799 | 130.8317 |
| June | 131.7143 | 130.4556 | 130.9442 |
| July | 131.9043 | 100.4437 | 129.8874 |
| August | 96.0850 | 67.5701 | 74.5907 |
| September | 69.6022 | 64.9506 | 67.2484 |
| October | 66.8174 | 64.1549 | 65.4049 |
| November | 65.7818 | 61.7898 | 63.8021 |
| December | 62.8884 | 60.9277 | 61.6457 |