2024 AZN to PGK Historical Review

YEARLY HIGH

2.3898 PGK

YEARLY LOW

2.1756 PGK

YEARLY AVERAGE

2.2895 PGK

2024 AZN to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AZN to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 2.3898. Conversely, the yearly low was recorded on January 25, dropping to 2.1756.

This high-to-low spread represents a total annual volatility of 0.2142 PGK. From a start-to-finish perspective, comparing the January average rate of 2.1958 to the December average rate of 2.3781, 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 2.3898 was up 7.23% compared to the 2023 peak of 2.2287, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,949 PGK

2023 Average 10,593 PGK

Yearly Trough Low 10,878 PGK

Transaction Impact: A difference of 1,071.04 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.3963

2.1775

JanuMarcMayJulySeptNove

AZN 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 2.2438, compared to 2.3351 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0913 points.

H1 Avg (Jan–Jun) 2.2438

H2 Avg (Jul–Dec) 2.3351

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0833 PGK (High: 2.3293 / Low: 2.2460). On the other end, May was the most stable month, with a tight range of 0.0242 PGK (High: 2.2917 / Low: 2.2675).

August Spread (Volatile) ±0.0833

May Spread (Stable) ±0.0242

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: 2.3781) against the same month in 2023 (average: 2.2005), the exchange rate shifted by +0.1776 (+8.07%).

2024 Avg (December) 2.3781

2023 Avg (December) 2.2005

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.2303	2.1756	2.1958
February	2.2421	2.1896	2.2194
March	2.2526	2.1941	2.2338
April	2.2762	2.2214	2.2475
May	2.2917	2.2675	2.2813
June	2.3029	2.2584	2.2853
July	2.3105	2.2592	2.2936
August	2.3293	2.2460	2.3097
September	2.3489	2.2989	2.3292
October	2.3592	2.3102	2.3351
November	2.3833	2.3436	2.3652
December	2.3898	2.3462	2.3781