2023 TOP to PYG Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 TOP to PYG Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the TOP to PYG exchange rate experienced significant fluctuation. The market reached its absolute peak on January 24, valuing the pair at 3211.7530. Conversely, the yearly low was recorded on March 18, dropping to 3012.6674.
This high-to-low spread represents a total annual volatility of 199.0857 PYG. From a start-to-finish perspective, comparing the January average rate of 3166.5718 to the December average rate of 3131.4624, the exchange rate registered a net change of -1.11% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 3211.7530 was up 2.54% compared to the 2022 peak of 3132.0445, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 TOP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
TOP to PYG Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 3084.6444, compared to 3086.6214 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.9770 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was January, with a trading range of 111.1425 PYG (High: 3211.7530 / Low: 3100.6105). On the other end, September was the most stable month, with a tight range of 35.8325 PYG (High: 3061.0135 / Low: 3025.1809).
Growth Streaks & Declines
TrendsBetween April and July, 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 February and March, when the average rate fell by 76.5788 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2023: 3166.5718) against the same month in 2022 (average: 3060.6974), the exchange rate shifted by +105.8744 (+3.46%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 3211.7530 | 3100.6105 | 3166.5718 |
| February | 3190.3901 | 3085.6864 | 3124.2194 |
| March | 3097.6774 | 3012.6674 | 3047.6406 |
| April | 3070.6607 | 3022.2426 | 3041.9785 |
| May | 3077.7586 | 3028.0683 | 3052.7941 |
| June | 3104.0719 | 3035.7605 | 3074.6622 |
| July | 3127.7787 | 3047.4065 | 3092.9911 |
| August | 3096.2306 | 3029.5384 | 3057.8346 |
| September | 3061.0135 | 3025.1809 | 3042.5931 |
| October | 3109.7782 | 3034.1222 | 3074.7048 |
| November | 3151.9715 | 3095.9023 | 3120.1426 |
| December | 3157.3206 | 3102.2700 | 3131.4624 |