2024 JMD to PYG Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 JMD to PYG Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the JMD to PYG exchange rate experienced significant fluctuation. The market reached its absolute peak on October 28, valuing the pair at 50.5840. Conversely, the yearly low was recorded on February 3, dropping to 46.3404.
This high-to-low spread represents a total annual volatility of 4.2436 PYG. From a start-to-finish perspective, comparing the January average rate of 46.9598 to the December average rate of 49.9080, the exchange rate registered a net change of 6.28% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 50.5840 was up 3.73% compared to the 2023 peak of 48.7645, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 JMD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
JMD 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 47.4884, compared to 49.1723 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.6839 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was March, with a trading range of 1.3085 PYG (High: 48.0397 / Low: 46.7312). On the other end, June was the most stable month, with a tight range of 0.3139 PYG (High: 48.5771 / Low: 48.2632).
Growth Streaks & Declines
TrendsBetween February and June, 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 January and February, when the average rate fell by 0.3733 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2024: 49.7059) against the same month in 2023 (average: 47.5709), the exchange rate shifted by +2.1350 (+4.49%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 47.2222 | 46.7363 | 46.9598 |
| February | 46.8741 | 46.3404 | 46.5865 |
| March | 48.0397 | 46.7312 | 47.3226 |
| April | 48.0739 | 47.4691 | 47.6961 |
| May | 48.4399 | 47.5815 | 47.9947 |
| June | 48.5771 | 48.2632 | 48.3709 |
| July | 48.4516 | 48.0200 | 48.2800 |
| August | 49.0154 | 48.0997 | 48.3791 |
| September | 49.7476 | 48.8545 | 49.4135 |
| October | 50.5840 | 49.2971 | 49.7059 |
| November | 49.8442 | 48.9538 | 49.3474 |
| December | 50.2124 | 49.5625 | 49.9080 |