YEARLY HIGH
2.2540 PGK
YEARLY LOW
2.0511 PGK
YEARLY AVERAGE
2.1600 PGK

2024 ANG to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ANG to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 2.2540. Conversely, the yearly low was recorded on January 25, dropping to 2.0511.

This high-to-low spread represents a total annual volatility of 0.2029 PGK. From a start-to-finish perspective, comparing the January average rate of 2.0719 to the December average rate of 2.2439, the exchange rate registered a net change of 8.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.2540 was up 7.15% compared to the 2023 peak of 2.1036, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,270 PGK
2023 Average 9,997 PGK
Yearly Trough Low 10,256 PGK
Transaction Impact: A difference of 1,014.39 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.2611
2.0547
JanuMarcMayJulySeptNove

ANG 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 2.1172, compared to 2.2028 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0857 points.

H1 Avg (Jan–Jun) 2.1172
H2 Avg (Jul–Dec) 2.2028

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0766 PGK (High: 2.1950 / Low: 2.1184). On the other end, May was the most stable month, with a tight range of 0.0207 PGK (High: 2.1618 / Low: 2.1411).

August Spread (Volatile) ±0.0766
May Spread (Stable) ±0.0207

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 2.2439) against the same month in 2023 (average: 2.0735), the exchange rate shifted by +0.1704 (+8.22%).

2024 Avg (December) 2.2439
2023 Avg (December) 2.0735

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.0979 2.0511 2.0719
February 2.1167 2.0651 2.0926
March 2.1247 2.0706 2.1089
April 2.1418 2.1010 2.1213
May 2.1618 2.1411 2.1525
June 2.1727 2.1277 2.1557
July 2.1802 2.1365 2.1641
August 2.1950 2.1184 2.1806
September 2.2155 2.1719 2.1967
October 2.2236 2.1796 2.2012
November 2.2482 2.2133 2.2306
December 2.2540 2.2105 2.2439