YEARLY HIGH
0.0010 CNY
YEARLY LOW
0.0009 CNY
YEARLY AVERAGE
0.0010 CNY

2024 PYG to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PYG to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on March 23, valuing the pair at 0.0010. Conversely, the yearly low was recorded on October 27, dropping to 0.0009.

This high-to-low spread represents a total annual volatility of 0.0001 CNY. From a start-to-finish perspective, comparing the January average rate of 0.0010 to the December average rate of 0.0009, the exchange rate registered a net change of -4.48% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0010 was down 2.10% compared to the 2023 peak of 0.0010, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5 CNY
2023 Average 5 CNY
Yearly Trough Low 4 CNY
Transaction Impact: A difference of 0.51 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0010
0.0009
JanuMarcMayJulySeptNove

PYG to CNY 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 0.0010, compared to 0.0009 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0010
H2 Avg (Jul–Dec) 0.0009

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0000 CNY (High: 0.0010 / Low: 0.0009). On the other end, December was the most stable month, with a tight range of 0.0000 CNY (High: 0.0009 / Low: 0.0009).

August Spread (Volatile) ±0.0000
December Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0000 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.0010) against the same month in 2023 (average: 0.0010), the exchange rate shifted by +0.0000 (+2.61%).

2024 Avg (March) 0.0010
2023 Avg (March) 0.0010

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0010 0.0010 0.0010
February 0.0010 0.0010 0.0010
March 0.0010 0.0010 0.0010
April 0.0010 0.0010 0.0010
May 0.0010 0.0009 0.0010
June 0.0010 0.0009 0.0010
July 0.0010 0.0009 0.0010
August 0.0010 0.0009 0.0009
September 0.0009 0.0009 0.0009
October 0.0009 0.0009 0.0009
November 0.0009 0.0009 0.0009
December 0.0009 0.0009 0.0009