YEARLY HIGH
2.9740 PYG
YEARLY LOW
2.8299 PYG
YEARLY AVERAGE
2.9006 PYG

2023 SYP to PYG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SYP to PYG exchange rate experienced significant fluctuation. The market reached its absolute peak on November 6, valuing the pair at 2.9740. Conversely, the yearly low was recorded on March 18, dropping to 2.8299.

This high-to-low spread represents a total annual volatility of 0.1441 PYG. From a start-to-finish perspective, comparing the January average rate of 2.9358 to the December average rate of 2.9287, the exchange rate registered a net change of -0.24% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.9740 was up 1.69% compared to the 2022 peak of 2.9246, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 14,870 PYG
2022 Average 13,892 PYG
Yearly Trough Low 14,149 PYG
Transaction Impact: A difference of 720.58 PYG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.9709
2.8381
JanuMarcMayJulySeptNove

SYP 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 2.8840, compared to 2.9171 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0332 points.

H1 Avg (Jan–Jun) 2.8840
H2 Avg (Jul–Dec) 2.9171

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0778 PYG (High: 2.9076 / Low: 2.8299). On the other end, August was the most stable month, with a tight range of 0.0230 PYG (High: 2.9046 / Low: 2.8816).

March Spread (Volatile) ±0.0778
August Spread (Stable) ±0.0230

Growth Streaks & Declines

Trends

Between April and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0452 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0452

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 2.9599) against the same month in 2022 (average: 2.8573), the exchange rate shifted by +0.1026 (+3.59%).

2023 Avg (November) 2.9599
2022 Avg (November) 2.8573

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.9625 2.9049 2.9358
February 2.9357 2.8860 2.9061
March 2.9076 2.8299 2.8609
April 2.8931 2.8312 2.8492
May 2.8822 2.8461 2.8662
June 2.9011 2.8664 2.8856
July 2.9033 2.8690 2.8906
August 2.9046 2.8816 2.8944
September 2.9110 2.8862 2.8956
October 2.9737 2.8972 2.9338
November 2.9740 2.9433 2.9599
December 2.9633 2.8996 2.9287