2024 GEL to PYG Historical Review

YEARLY HIGH

2942.3928 PYG

YEARLY LOW

2614.3100 PYG

YEARLY AVERAGE

2781.0969 PYG

2024 GEL to PYG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GEL to PYG exchange rate experienced significant fluctuation. The market reached its absolute peak on October 25, valuing the pair at 2942.3928. Conversely, the yearly low was recorded on June 15, dropping to 2614.3100.

This high-to-low spread represents a total annual volatility of 328.0828 PYG. From a start-to-finish perspective, comparing the January average rate of 2721.7893 to the December average rate of 2773.7513, the exchange rate registered a net change of 1.91% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2942.3928 was up 1.31% compared to the 2023 peak of 2904.2341, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 14,711,964 PYG

2023 Average 13,891,921 PYG

Yearly Trough Low 13,071,550 PYG

Transaction Impact: A difference of 1,640,414.10 PYG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2907.9859

2650.3148

JanuMarcMayJulySeptNove

GEL 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 2734.5815, compared to 2827.6124 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 93.0309 points.

H1 Avg (Jan–Jun) 2734.5815

H2 Avg (Jul–Dec) 2827.6124

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 155.2654 PYG (High: 2811.2762 / Low: 2656.0108). On the other end, February was the most stable month, with a tight range of 40.8093 PYG (High: 2768.0318 / Low: 2727.2225).

May Spread (Volatile) ±155.2654

February Spread (Stable) ±40.8093

Growth Streaks & Declines

Trends

Between June and October, 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 May and June, when the average rate fell by 95.9464 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -95.9464

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 2886.5133) against the same month in 2023 (average: 2742.6444), the exchange rate shifted by +143.8689 (+5.25%).

2024 Avg (October) 2886.5133

2023 Avg (October) 2742.6444

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2751.9897	2690.3611	2721.7893
February	2768.0318	2727.2225	2746.6064
March	2757.6339	2690.1218	2734.8551
April	2794.7368	2742.4610	2764.7172
May	2811.2762	2656.0108	2767.7337
June	2714.7650	2614.3100	2671.7874
July	2805.1424	2690.1278	2761.0096
August	2852.5127	2774.6442	2811.8743
September	2914.3168	2848.9725	2871.8318
October	2942.3928	2838.7909	2886.5133
November	2890.8067	2771.5376	2860.6938
December	2787.8086	2716.6475	2773.7513