2024 MXN to PYG Historical Review

YEARLY HIGH

452.6436 PYG

YEARLY LOW

373.8381 PYG

YEARLY AVERAGE

414.1532 PYG

2024 MXN to PYG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MXN to PYG exchange rate experienced significant fluctuation. The market reached its absolute peak on May 20, valuing the pair at 452.6436. Conversely, the yearly low was recorded on December 31, dropping to 373.8381.

This high-to-low spread represents a total annual volatility of 78.8056 PYG. From a start-to-finish perspective, comparing the January average rate of 426.9298 to the December average rate of 385.4680, the exchange rate registered a net change of -9.71% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 452.6436 was up 3.78% compared to the 2023 peak of 436.1729, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 MXN based on timing:

Yearly Peak High 22,632,182 PYG

2023 Average 20,578,496 PYG

Yearly Trough Low 18,691,903 PYG

Transaction Impact: A difference of 3,940,279.78 PYG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

452.6940

378.7130

JanuMarcMayJulySeptNove

MXN 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 431.7154, compared to 396.5910 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 35.1244 points.

H1 Avg (Jan–Jun) 431.7154

H2 Avg (Jul–Dec) 396.5910

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 43.3096 PYG (High: 443.7735 / Low: 400.4639). On the other end, February was the most stable month, with a tight range of 4.8900 PYG (High: 428.2845 / Low: 423.3945).

June Spread (Volatile) ±43.3096

February Spread (Stable) ±4.8900

Growth Streaks & Declines

Trends

Between February and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 32.2969 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -32.2969

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 446.5289) against the same month in 2023 (average: 406.2441), the exchange rate shifted by +40.2848 (+9.92%).

2024 Avg (May) 446.5289

2023 Avg (May) 406.2441

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	432.0551	422.0603	426.9298
February	428.2845	423.3945	426.2843
March	446.4531	428.2094	436.2401
April	449.8609	431.5204	440.0775
May	452.6436	439.5384	446.5289
June	443.7735	400.4639	414.2320
July	428.2269	403.0428	417.0957
August	407.1399	384.3229	395.8695
September	407.3772	384.6685	396.1087
October	405.9172	392.7109	400.1260
November	392.8046	376.4704	384.8781
December	388.6986	373.8381	385.4680