2024 AUD to PGK Historical Review

YEARLY HIGH

2.7500 PGK

YEARLY LOW

2.4238 PGK

YEARLY AVERAGE

2.5679 PGK

2024 AUD to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AUD to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 29, valuing the pair at 2.7500. Conversely, the yearly low was recorded on February 8, dropping to 2.4238.

This high-to-low spread represents a total annual volatility of 0.3262 PGK. From a start-to-finish perspective, comparing the January average rate of 2.4809 to the December average rate of 2.5571, the exchange rate registered a net change of 3.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.7500 was up 6.71% compared to the 2023 peak of 2.5769, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13,750 PGK

2023 Average 11,963 PGK

Yearly Trough Low 12,119 PGK

Transaction Impact: A difference of 1,630.98 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.7035

2.4406

JanuMarcMayJulySeptNove

AUD 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 2.5121, compared to 2.6237 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1116 points.

H1 Avg (Jan–Jun) 2.5121

H2 Avg (Jul–Dec) 2.6237

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.1542 PGK (High: 2.6897 / Low: 2.5355). On the other end, June was the most stable month, with a tight range of 0.0738 PGK (High: 2.6038 / Low: 2.5300).

August Spread (Volatile) ±0.1542

June Spread (Stable) ±0.0738

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0691 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0691

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 2.6816) against the same month in 2023 (average: 2.3407), the exchange rate shifted by +0.3409 (+14.56%).

2024 Avg (September) 2.6816

2023 Avg (September) 2.3407

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.5817	2.4344	2.4809
February	2.4994	2.4238	2.4625
March	2.5368	2.4375	2.4913
April	2.5373	2.4272	2.4866
May	2.6007	2.5202	2.5710
June	2.6038	2.5300	2.5804
July	2.6487	2.5300	2.6030
August	2.6897	2.5355	2.6130
September	2.7500	2.6172	2.6816
October	2.7490	2.6240	2.6616
November	2.6787	2.5895	2.6261
December	2.6192	2.4792	2.5571