2024 ZAR to PYG Historical Review

YEARLY HIGH

456.3599 PYG

YEARLY LOW

376.6855 PYG

YEARLY AVERAGE

412.8728 PYG

2024 ZAR to PYG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ZAR to PYG exchange rate experienced significant fluctuation. The market reached its absolute peak on September 29, valuing the pair at 456.3599. Conversely, the yearly low was recorded on February 25, dropping to 376.6855.

This high-to-low spread represents a total annual volatility of 79.6743 PYG. From a start-to-finish perspective, comparing the January average rate of 388.3903 to the December average rate of 428.0956, the exchange rate registered a net change of 10.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 456.3599 was up 3.55% compared to the 2023 peak of 440.6937, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 ZAR based on timing:

Yearly Peak High 22,817,995 PYG

2023 Average 19,770,778 PYG

Yearly Trough Low 18,834,277 PYG

Transaction Impact: A difference of 3,983,717.33 PYG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

454.5012

376.5471

JanuMarcMayJulySeptNove

ZAR 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 394.6118, compared to 431.1339 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 36.5220 points.

H1 Avg (Jan–Jun) 394.6118

H2 Avg (Jul–Dec) 431.1339

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 28.6188 PYG (High: 441.4055 / Low: 412.7867). On the other end, October was the most stable month, with a tight range of 12.4061 PYG (High: 453.9692 / Low: 441.5630).

December Spread (Volatile) ±28.6188

October Spread (Stable) ±12.4061

Growth Streaks & Declines

Trends

Between February and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 12.4200 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -12.4200

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 441.2378) against the same month in 2023 (average: 383.5969), the exchange rate shifted by +57.6409 (+15.03%).

2024 Avg (September) 441.2378

2023 Avg (September) 383.5969

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	398.6239	379.9387	388.3903
February	391.1542	376.6855	383.0433
March	394.5446	381.7476	387.9130
April	399.4223	382.5930	391.6962
May	415.7581	400.9172	407.4404
June	420.0806	396.1446	409.1879
July	419.2936	404.8479	414.1599
August	432.3307	404.2494	419.7199
September	456.3599	428.0788	441.2378
October	453.9692	441.5630	448.0050
November	449.8765	427.1189	435.5850
December	441.4055	412.7867	428.0956