2024 PYG to MGA Historical Review

YEARLY HIGH

0.6344 MGA

YEARLY LOW

0.5758 MGA

YEARLY AVERAGE

0.6004 MGA

2024 PYG to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PYG to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.6344. Conversely, the yearly low was recorded on October 27, dropping to 0.5758.

This high-to-low spread represents a total annual volatility of 0.0587 MGA. From a start-to-finish perspective, comparing the January average rate of 0.6267 to the December average rate of 0.6020, the exchange rate registered a net change of -3.94% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.6344 was up 0.30% compared to the 2023 peak of 0.6326, 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 3,172 MGA

2023 Average 3,054 MGA

Yearly Trough Low 2,879 MGA

Transaction Impact: A difference of 293.33 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.6311

0.5788

JanuMarcMayJulySeptNove

PYG to MGA 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 0.6067, compared to 0.5941 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0126 points.

H1 Avg (Jan–Jun) 0.6067

H2 Avg (Jul–Dec) 0.5941

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0303 MGA (High: 0.6210 / Low: 0.5908). On the other end, February was the most stable month, with a tight range of 0.0056 MGA (High: 0.6254 / Low: 0.6197).

March Spread (Volatile) ±0.0303

February Spread (Stable) ±0.0056

Growth Streaks & Declines

Trends

Between May and August, 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 0.0170 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0170

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.6267) against the same month in 2023 (average: 0.5964), the exchange rate shifted by +0.0303 (+5.09%).

2024 Avg (January) 0.6267

2023 Avg (January) 0.5964

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6344	0.6198	0.6267
February	0.6254	0.6197	0.6232
March	0.6210	0.5908	0.6108
April	0.5984	0.5897	0.5943
May	0.5949	0.5878	0.5910
June	0.6015	0.5886	0.5939
July	0.6027	0.5918	0.5968
August	0.6108	0.5938	0.6023
September	0.5939	0.5793	0.5853
October	0.5885	0.5758	0.5832
November	0.6007	0.5835	0.5947
December	0.6056	0.5960	0.6020