2024 IMP to PYG Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 IMP to PYG Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the IMP to PYG exchange rate experienced significant fluctuation. The market reached its absolute peak on October 27, valuing the pair at 8020.3316. Conversely, the yearly low was recorded on January 7, dropping to 7237.0714.
This high-to-low spread represents a total annual volatility of 783.2602 PYG. From a start-to-finish perspective, comparing the January average rate of 7281.9405 to the December average rate of 7806.4740, the exchange rate registered a net change of 7.20% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 8020.3316 was up 7.34% compared to the 2023 peak of 7472.1888, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 IMP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
IMP 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 7384.7700, compared to 7731.7416 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 346.9716 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was October, with a trading range of 233.4171 PYG (High: 8020.3316 / Low: 7786.9145). On the other end, December was the most stable month, with a tight range of 66.0644 PYG (High: 7832.3657 / Low: 7766.3013).
Growth Streaks & Declines
TrendsBetween January and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 51.3382 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2024: 7872.4150) against the same month in 2023 (average: 7371.1626), the exchange rate shifted by +501.2525 (+6.80%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 7310.8998 | 7237.0714 | 7281.9405 |
| February | 7345.4830 | 7264.8689 | 7285.2924 |
| March | 7393.7547 | 7273.3260 | 7314.4447 |
| April | 7475.9210 | 7345.1753 | 7396.6430 |
| May | 7545.3903 | 7453.5069 | 7500.4832 |
| June | 7581.1695 | 7503.0696 | 7529.8160 |
| July | 7585.4191 | 7516.2125 | 7549.2729 |
| August | 7687.5217 | 7505.4124 | 7580.2225 |
| September | 7817.6547 | 7670.5514 | 7760.9883 |
| October | 8020.3316 | 7786.9145 | 7872.4150 |
| November | 7901.5479 | 7759.2500 | 7821.0768 |
| December | 7832.3657 | 7766.3013 | 7806.4740 |