2024 QAR to PYG Historical Review

YEARLY HIGH

2196.6596 PYG

YEARLY LOW

1988.3561 PYG

YEARLY AVERAGE

2074.8220 PYG

2024 QAR to PYG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the QAR to PYG exchange rate experienced significant fluctuation. The market reached its absolute peak on October 28, valuing the pair at 2196.6596. Conversely, the yearly low was recorded on January 7, dropping to 1988.3561.

This high-to-low spread represents a total annual volatility of 208.3035 PYG. From a start-to-finish perspective, comparing the January average rate of 1998.7854 to the December average rate of 2142.9749, the exchange rate registered a net change of 7.21% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2196.6596 was up 6.47% compared to the 2023 peak of 2063.0888, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,983,298 PYG

2023 Average 10,001,501 PYG

Yearly Trough Low 9,941,781 PYG

Transaction Impact: A difference of 1,041,517.43 PYG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2175.8788

1982.6860

JanuMarcMayJulySeptNove

QAR to PYG 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 2027.0856, compared to 2122.5585 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 95.4730 points.

H1 Avg (Jan–Jun) 2027.0856

H2 Avg (Jul–Dec) 2122.5585

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 58.7592 PYG (High: 2196.6596 / Low: 2137.9004). On the other end, February was the most stable month, with a tight range of 13.2573 PYG (High: 2005.2448 / Low: 1991.9875).

October Spread (Volatile) ±58.7592

February Spread (Stable) ±13.2573

Growth Streaks & Declines

Trends

Between January and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 12.6978 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -12.6978

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 2159.7794) against the same month in 2023 (average: 2023.3661), the exchange rate shifted by +136.4133 (+6.74%).

2024 Avg (October) 2159.7794

2023 Avg (October) 2023.3661

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2006.9192	1988.3561	1998.7854
February	2005.2448	1991.9875	1999.4508
March	2030.6934	1996.4730	2008.5236
April	2051.8453	2018.4082	2030.5866
May	2071.5470	2048.3510	2058.7691
June	2075.0748	2050.9622	2066.3978
July	2081.8314	2064.7214	2071.7505
August	2106.9828	2067.7531	2083.2594
September	2146.2834	2104.5093	2130.5053
October	2196.6596	2137.9004	2159.7794
November	2170.4568	2131.1463	2147.0816
December	2149.1194	2133.2827	2142.9749