2024 PYG to ETB Historical Review

YEARLY HIGH

0.0164 ETB

YEARLY LOW

0.0076 ETB

YEARLY AVERAGE

0.0108 ETB

2024 PYG to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PYG to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 0.0164. Conversely, the yearly low was recorded on May 27, dropping to 0.0076.

This high-to-low spread represents a total annual volatility of 0.0088 ETB. From a start-to-finish perspective, comparing the January average rate of 0.0077 to the December average rate of 0.0162, the exchange rate registered a net change of 109.36% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0164 was up 112.30% compared to the 2023 peak of 0.0077, 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 82 ETB

2023 Average 38 ETB

Yearly Trough Low 38 ETB

Transaction Impact: A difference of 44.16 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0171

0.0068

JanuMarcMayJulySeptNove

PYG to ETB 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 0.0077, compared to 0.0139 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0062 points.

H1 Avg (Jan–Jun) 0.0077

H2 Avg (Jul–Dec) 0.0139

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0044 ETB (High: 0.0148 / Low: 0.0104). On the other end, February was the most stable month, with a tight range of 0.0001 ETB (High: 0.0078 / Low: 0.0077).

August Spread (Volatile) ±0.0044

February Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0001 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0162) against the same month in 2023 (average: 0.0076), the exchange rate shifted by +0.0086 (+112.56%).

2024 Avg (December) 0.0162

2023 Avg (December) 0.0076

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0078	0.0077	0.0077
February	0.0078	0.0077	0.0078
March	0.0078	0.0077	0.0078
April	0.0077	0.0077	0.0077
May	0.0077	0.0076	0.0076
June	0.0077	0.0076	0.0076
July	0.0100	0.0076	0.0077
August	0.0148	0.0104	0.0136
September	0.0154	0.0144	0.0149
October	0.0156	0.0150	0.0153
November	0.0162	0.0152	0.0157
December	0.0164	0.0159	0.0162