2024 PEN to PYG Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 PEN to PYG Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the PEN to PYG exchange rate experienced significant fluctuation. The market reached its absolute peak on October 27, valuing the pair at 2131.4015. Conversely, the yearly low was recorded on February 14, dropping to 1874.4148.
This high-to-low spread represents a total annual volatility of 256.9867 PYG. From a start-to-finish perspective, comparing the January average rate of 1951.7329 to the December average rate of 2091.9680, the exchange rate registered a net change of 7.19% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 2131.4015 was up 4.27% compared to the 2023 peak of 2044.0496, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 PEN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
PEN 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 1969.1917, compared to 2058.9943 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 89.8026 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was July, with a trading range of 73.9454 PYG (High: 2033.0210 / Low: 1959.0756). On the other end, August was the most stable month, with a tight range of 28.2970 PYG (High: 2047.0016 / Low: 2018.7046).
Growth Streaks & Declines
TrendsBetween June and October, 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 48.8222 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2024: 2098.8203) against the same month in 2023 (average: 1920.1170), the exchange rate shifted by +178.7033 (+9.31%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1972.7059 | 1906.4114 | 1951.7329 |
| February | 1929.0201 | 1874.4148 | 1902.9107 |
| March | 1990.3016 | 1929.0940 | 1969.0624 |
| April | 2009.1701 | 1963.1741 | 1990.7284 |
| May | 2030.8857 | 1990.7675 | 2010.1948 |
| June | 2018.9588 | 1966.3704 | 1990.5211 |
| July | 2033.0210 | 1959.0756 | 2005.9445 |
| August | 2047.0016 | 2018.7046 | 2029.5226 |
| September | 2096.7532 | 2024.7463 | 2059.0638 |
| October | 2131.4015 | 2077.4124 | 2098.8203 |
| November | 2093.4025 | 2044.5982 | 2068.6469 |
| December | 2106.6133 | 2076.2029 | 2091.9680 |