2024 AWG to PGK Historical Review

YEARLY HIGH

2.2570 PGK

YEARLY LOW

2.0505 PGK

YEARLY AVERAGE

2.1613 PGK

2024 AWG to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AWG to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 2.2570. Conversely, the yearly low was recorded on January 25, dropping to 2.0505.

This high-to-low spread represents a total annual volatility of 0.2066 PGK. From a start-to-finish perspective, comparing the January average rate of 2.0727 to the December average rate of 2.2457, the exchange rate registered a net change of 8.35% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.2570 was up 5.57% compared to the 2023 peak of 2.1380, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,285 PGK

2023 Average 10,001 PGK

Yearly Trough Low 10,252 PGK

Transaction Impact: A difference of 1,032.90 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.2630

2.0554

JanuMarcMayJulySeptNove

AWG 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 2.1180, compared to 2.2045 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0865 points.

H1 Avg (Jan–Jun) 2.1180

H2 Avg (Jul–Dec) 2.2045

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0817 PGK (High: 2.1999 / Low: 2.1183). On the other end, May was the most stable month, with a tight range of 0.0258 PGK (High: 2.1644 / Low: 2.1386).

August Spread (Volatile) ±0.0817

May Spread (Stable) ±0.0258

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: 2.2457) against the same month in 2023 (average: 2.0769), the exchange rate shifted by +0.1688 (+8.13%).

2024 Avg (December) 2.2457

2023 Avg (December) 2.0769

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.1064	2.0505	2.0727
February	2.1175	2.0652	2.0949
March	2.1275	2.0694	2.1086
April	2.1498	2.0951	2.1221
May	2.1644	2.1386	2.1530
June	2.1750	2.1299	2.1569
July	2.1822	2.1307	2.1651
August	2.1999	2.1183	2.1805
September	2.2154	2.1712	2.1984
October	2.2281	2.1788	2.2044
November	2.2493	2.2103	2.2331
December	2.2570	2.2159	2.2457