YEARLY HIGH
0.0047 PGK
YEARLY LOW
0.0039 PGK
YEARLY AVERAGE
0.0043 PGK

2024 ARS to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ARS to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0047. Conversely, the yearly low was recorded on December 28, dropping to 0.0039.

This high-to-low spread represents a total annual volatility of 0.0008 PGK. From a start-to-finish perspective, comparing the January average rate of 0.0046 to the December average rate of 0.0040, the exchange rate registered a net change of -13.18% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0047 was down 76.54% compared to the 2023 peak of 0.0199, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 23 PGK
2023 Average 68 PGK
Yearly Trough Low 19 PGK
Transaction Impact: A difference of 4.02 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0046
0.0039
JanuMarcMayJulySeptNove

ARS 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 0.0044, compared to 0.0041 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0044
H2 Avg (Jul–Dec) 0.0041

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0002 PGK (High: 0.0042 / Low: 0.0040). On the other end, May was the most stable month, with a tight range of 0.0001 PGK (High: 0.0044 / Low: 0.0043).

August Spread (Volatile) ±0.0002
May Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0001 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0046) against the same month in 2023 (average: 0.0194), the exchange rate shifted by -0.0148 (-76.41%).

2024 Avg (January) 0.0046
2023 Avg (January) 0.0194

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0047 0.0045 0.0046
February 0.0046 0.0044 0.0045
March 0.0045 0.0044 0.0045
April 0.0045 0.0043 0.0044
May 0.0044 0.0043 0.0044
June 0.0043 0.0042 0.0043
July 0.0043 0.0042 0.0042
August 0.0042 0.0040 0.0042
September 0.0042 0.0041 0.0041
October 0.0041 0.0040 0.0041
November 0.0041 0.0040 0.0040
December 0.0040 0.0039 0.0040