2024 PYG to CVE Historical Review

YEARLY HIGH

0.0142 CVE

YEARLY LOW

0.0127 CVE

YEARLY AVERAGE

0.0135 CVE

2024 PYG to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PYG to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on February 14, valuing the pair at 0.0142. Conversely, the yearly low was recorded on September 26, dropping to 0.0127.

This high-to-low spread represents a total annual volatility of 0.0015 CVE. From a start-to-finish perspective, comparing the January average rate of 0.0139 to the December average rate of 0.0135, the exchange rate registered a net change of -2.94% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0142 was down 2.75% compared to the 2023 peak of 0.0146, 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 71 CVE

2023 Average 70 CVE

Yearly Trough Low 63 CVE

Transaction Impact: A difference of 7.57 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0142

0.0127

JanuMarcMayJulySeptNove

PYG to CVE 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 0.0138, compared to 0.0132 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0138

H2 Avg (Jul–Dec) 0.0132

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0007 CVE (High: 0.0136 / Low: 0.0128). On the other end, March was the most stable month, with a tight range of 0.0002 CVE (High: 0.0140 / Low: 0.0138).

November Spread (Volatile) ±0.0007

March Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between September and December, 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 August and September, when the average rate fell by 0.0004 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.0140) against the same month in 2023 (average: 0.0141), the exchange rate shifted by -0.0001 (-0.55%).

2024 Avg (February) 0.0140

2023 Avg (February) 0.0141

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0140	0.0137	0.0139
February	0.0142	0.0139	0.0140
March	0.0140	0.0138	0.0139
April	0.0140	0.0138	0.0139
May	0.0139	0.0135	0.0136
June	0.0137	0.0134	0.0136
July	0.0137	0.0134	0.0135
August	0.0135	0.0130	0.0132
September	0.0130	0.0127	0.0128
October	0.0130	0.0127	0.0129
November	0.0136	0.0128	0.0133
December	0.0136	0.0133	0.0135