YEARLY HIGH
0.0450 PGK
YEARLY LOW
0.0386 PGK
YEARLY AVERAGE
0.0419 PGK

2024 ALL to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ALL to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 0.0450. Conversely, the yearly low was recorded on February 8, dropping to 0.0386.

This high-to-low spread represents a total annual volatility of 0.0065 PGK. From a start-to-finish perspective, comparing the January average rate of 0.0392 to the December average rate of 0.0431, the exchange rate registered a net change of 9.86% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0450 was up 11.41% compared to the 2023 peak of 0.0404, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 225 PGK
2023 Average 180 PGK
Yearly Trough Low 193 PGK
Transaction Impact: A difference of 32.45 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0448
0.0387
JanuMarcMayJulySeptNove

ALL to PGK 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 0.0403, compared to 0.0434 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0030 points.

H1 Avg (Jan–Jun) 0.0403
H2 Avg (Jul–Dec) 0.0434

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0019 PGK (High: 0.0446 / Low: 0.0427). On the other end, May was the most stable month, with a tight range of 0.0010 PGK (High: 0.0421 / Low: 0.0411).

November Spread (Volatile) ±0.0019
May Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between February and May, 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 November and December, when the average rate fell by 0.0005 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.0443) against the same month in 2023 (average: 0.0364), the exchange rate shifted by +0.0078 (+21.56%).

2024 Avg (September) 0.0443
2023 Avg (September) 0.0364

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0404 0.0387 0.0392
February 0.0398 0.0386 0.0392
March 0.0404 0.0389 0.0399
April 0.0411 0.0397 0.0404
May 0.0421 0.0411 0.0417
June 0.0423 0.0411 0.0416
July 0.0427 0.0412 0.0422
August 0.0441 0.0423 0.0433
September 0.0450 0.0436 0.0443
October 0.0449 0.0432 0.0438
November 0.0446 0.0427 0.0436
December 0.0435 0.0424 0.0431