2024 BAM to PGK Historical Review

YEARLY HIGH

2.2839 PGK

YEARLY LOW

2.0512 PGK

YEARLY AVERAGE

2.1536 PGK

2024 BAM to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BAM to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 25, valuing the pair at 2.2839. Conversely, the yearly low was recorded on February 8, dropping to 2.0512.

This high-to-low spread represents a total annual volatility of 0.2327 PGK. From a start-to-finish perspective, comparing the January average rate of 2.0835 to the December average rate of 2.1663, the exchange rate registered a net change of 3.97% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.2839 was up 6.85% compared to the 2023 peak of 2.1374, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,420 PGK

2023 Average 9,963 PGK

Yearly Trough Low 10,256 PGK

Transaction Impact: A difference of 1,163.55 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.2662

2.0665

JanuMarcMayJulySeptNove

BAM 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 2.1093, compared to 2.1979 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0886 points.

H1 Avg (Jan–Jun) 2.1093

H2 Avg (Jul–Dec) 2.1979

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0924 PGK (High: 2.2368 / Low: 2.1445). On the other end, May was the most stable month, with a tight range of 0.0573 PGK (High: 2.1628 / Low: 2.1055).

November Spread (Volatile) ±0.0924

May Spread (Stable) ±0.0573

Growth Streaks & Declines

Trends

Between June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0376 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0376

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 2.2495) against the same month in 2023 (average: 1.9930), the exchange rate shifted by +0.2565 (+12.87%).

2024 Avg (September) 2.2495

2023 Avg (September) 1.9930

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.1413	2.0593	2.0835
February	2.1119	2.0512	2.0831
March	2.1402	2.0642	2.1110
April	2.1275	2.0575	2.0973
May	2.1628	2.1055	2.1430
June	2.1659	2.1064	2.1380
July	2.1894	2.1101	2.1633
August	2.2560	2.1667	2.2102
September	2.2839	2.2197	2.2495
October	2.2670	2.1821	2.2119
November	2.2368	2.1445	2.1863
December	2.1873	2.1263	2.1663