2024 GMD to PYG Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 GMD to PYG Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the GMD to PYG exchange rate experienced significant fluctuation. The market reached its absolute peak on October 8, valuing the pair at 115.5271. Conversely, the yearly low was recorded on August 4, dropping to 106.4598.
This high-to-low spread represents a total annual volatility of 9.0673 PYG. From a start-to-finish perspective, comparing the January average rate of 108.2148 to the December average rate of 108.7099, the exchange rate registered a net change of 0.46% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 115.5271 was down 5.62% compared to the 2023 peak of 122.4018, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GMD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
GMD 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 109.0652, compared to 110.6160 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.5508 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was September, with a trading range of 5.8341 PYG (High: 114.1263 / Low: 108.2923). On the other end, January was the most stable month, with a tight range of 0.8966 PYG (High: 108.5912 / Low: 107.6945).
Growth Streaks & Declines
TrendsBetween March and July, 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 October and November, when the average rate fell by 3.7091 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2024: 113.6340) against the same month in 2023 (average: 112.3407), the exchange rate shifted by +1.2932 (+1.15%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 108.5912 | 107.6945 | 108.2148 |
| February | 108.9430 | 107.1925 | 107.7688 |
| March | 108.8918 | 107.0788 | 107.6740 |
| April | 110.3050 | 108.1366 | 108.9418 |
| May | 111.3711 | 109.7718 | 110.6730 |
| June | 111.8579 | 110.7464 | 111.1186 |
| July | 111.9619 | 109.0067 | 111.2994 |
| August | 109.7505 | 106.4598 | 108.5439 |
| September | 114.1263 | 108.2923 | 111.5838 |
| October | 115.5271 | 111.1337 | 113.6340 |
| November | 111.2894 | 108.5288 | 109.9249 |
| December | 109.9523 | 107.8702 | 108.7099 |