YEARLY HIGH
0.0025 MDL
YEARLY LOW
0.0022 MDL
YEARLY AVERAGE
0.0023 MDL

2024 PYG to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PYG to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on February 24, valuing the pair at 0.0025. Conversely, the yearly low was recorded on September 18, dropping to 0.0022.

This high-to-low spread represents a total annual volatility of 0.0002 MDL. From a start-to-finish perspective, comparing the January average rate of 0.0024 to the December average rate of 0.0023, the exchange rate registered a net change of -3.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0025 was down 6.24% compared to the 2023 peak of 0.0026, 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 12 MDL
2023 Average 12 MDL
Yearly Trough Low 11 MDL
Transaction Impact: A difference of 1.22 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0025
0.0022
JanuMarcMayJulySeptNove

PYG to MDL 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 0.0024, compared to 0.0023 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0024
H2 Avg (Jul–Dec) 0.0023

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0001 MDL (High: 0.0023 / Low: 0.0022). On the other end, October was the most stable month, with a tight range of 0.0000 MDL (High: 0.0023 / Low: 0.0022).

August Spread (Volatile) ±0.0001
October Spread (Stable) ±0.0000

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 0.0001 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.0024) against the same month in 2023 (average: 0.0026), the exchange rate shifted by -0.0001 (-4.96%).

2024 Avg (February) 0.0024
2023 Avg (February) 0.0026

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0024 0.0024 0.0024
February 0.0025 0.0024 0.0024
March 0.0024 0.0024 0.0024
April 0.0024 0.0024 0.0024
May 0.0024 0.0023 0.0024
June 0.0024 0.0023 0.0024
July 0.0024 0.0023 0.0023
August 0.0023 0.0022 0.0023
September 0.0023 0.0022 0.0022
October 0.0023 0.0022 0.0022
November 0.0023 0.0023 0.0023
December 0.0024 0.0023 0.0023