YEARLY HIGH
0.1901 PYG
YEARLY LOW
0.1722 PYG
YEARLY AVERAGE
0.1796 PYG

2024 IRR to PYG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the IRR to PYG exchange rate experienced significant fluctuation. The market reached its absolute peak on October 25, valuing the pair at 0.1901. Conversely, the yearly low was recorded on January 7, dropping to 0.1722.

This high-to-low spread represents a total annual volatility of 0.0179 PYG. From a start-to-finish perspective, comparing the January average rate of 0.1732 to the December average rate of 0.1851, the exchange rate registered a net change of 6.86% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1901 was up 6.60% compared to the 2023 peak of 0.1783, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 950 PYG
2023 Average 863 PYG
Yearly Trough Low 861 PYG
Transaction Impact: A difference of 89.61 PYG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1884
0.1718
JanuMarcMayJulySeptNove

IRR 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 0.1755, compared to 0.1836 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0080 points.

H1 Avg (Jan–Jun) 0.1755
H2 Avg (Jul–Dec) 0.1836

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0051 PYG (High: 0.1901 / Low: 0.1850). On the other end, July was the most stable month, with a tight range of 0.0016 PYG (High: 0.1802 / Low: 0.1786).

October Spread (Volatile) ±0.0051
July Spread (Stable) ±0.0016

Growth Streaks & Declines

Trends

Between 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 0.0012 points.

Longest Streak 9 Mo.
Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 0.1870) against the same month in 2023 (average: 0.1745), the exchange rate shifted by +0.0125 (+7.17%).

2024 Avg (October) 0.1870
2023 Avg (October) 0.1745

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1738 0.1722 0.1732
February 0.1747 0.1728 0.1733
March 0.1758 0.1730 0.1740
April 0.1777 0.1746 0.1758
May 0.1793 0.1772 0.1782
June 0.1801 0.1782 0.1788
July 0.1802 0.1786 0.1793
August 0.1826 0.1783 0.1801
September 0.1857 0.1822 0.1843
October 0.1901 0.1850 0.1870
November 0.1877 0.1843 0.1858
December 0.1860 0.1838 0.1851