2024 EUR to PYG Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 EUR to PYG Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the EUR to PYG exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 8731.0894. Conversely, the yearly low was recorded on February 13, dropping to 7800.5731.
This high-to-low spread represents a total annual volatility of 930.5163 PYG. From a start-to-finish perspective, comparing the January average rate of 7944.8077 to the December average rate of 8175.1587, the exchange rate registered a net change of 2.90% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 8731.0894 was up 6.69% compared to the 2023 peak of 8183.4495, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 EUR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
EUR 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 7984.1991, compared to 8373.5076 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 389.3085 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was November, with a trading range of 458.4699 PYG (High: 8589.3766 / Low: 8130.9067). On the other end, March was the most stable month, with a tight range of 98.0007 PYG (High: 7989.2177 / Low: 7891.2171).
Growth Streaks & Declines
TrendsBetween June and September, 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 265.1495 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2024: 8622.8849) against the same month in 2023 (average: 7768.8299), the exchange rate shifted by +854.0550 (+10.99%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 8062.4762 | 7852.7308 | 7944.8077 |
| February | 7918.2496 | 7800.5731 | 7864.1854 |
| March | 7989.2177 | 7891.2171 | 7951.5054 |
| April | 8001.2736 | 7855.5699 | 7930.3217 |
| May | 8185.8122 | 8023.1684 | 8110.7109 |
| June | 8204.5708 | 8031.6762 | 8103.6635 |
| July | 8259.4432 | 8094.2766 | 8194.3579 |
| August | 8514.5614 | 8168.3807 | 8356.9058 |
| September | 8731.0894 | 8490.1478 | 8622.8849 |
| October | 8659.0303 | 8505.4808 | 8578.4440 |
| November | 8589.3766 | 8130.9067 | 8313.2945 |
| December | 8286.7420 | 8074.6767 | 8175.1587 |