2024 BOB to PGK Historical Review

YEARLY HIGH

0.5879 PGK

YEARLY LOW

0.5350 PGK

YEARLY AVERAGE

0.5631 PGK

2024 BOB to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BOB to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.5879. Conversely, the yearly low was recorded on January 25, dropping to 0.5350.

This high-to-low spread represents a total annual volatility of 0.0528 PGK. From a start-to-finish perspective, comparing the January average rate of 0.5404 to the December average rate of 0.5851, the exchange rate registered a net change of 8.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5879 was up 7.15% compared to the 2023 peak of 0.5486, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,939 PGK

2023 Average 2,607 PGK

Yearly Trough Low 2,675 PGK

Transaction Impact: A difference of 264.24 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5895

0.5359

JanuMarcMayJulySeptNove

BOB 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 0.5519, compared to 0.5743 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0223 points.

H1 Avg (Jan–Jun) 0.5519

H2 Avg (Jul–Dec) 0.5743

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0198 PGK (High: 0.5722 / Low: 0.5525). On the other end, May was the most stable month, with a tight range of 0.0050 PGK (High: 0.5632 / Low: 0.5582).

August Spread (Volatile) ±0.0198

May Spread (Stable) ±0.0050

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: 0.5851) against the same month in 2023 (average: 0.5408), the exchange rate shifted by +0.0443 (+8.19%).

2024 Avg (December) 0.5851

2023 Avg (December) 0.5408

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5472	0.5350	0.5404
February	0.5521	0.5375	0.5458
March	0.5542	0.5400	0.5498
April	0.5566	0.5461	0.5522
May	0.5632	0.5582	0.5613
June	0.5667	0.5549	0.5622
July	0.5686	0.5572	0.5644
August	0.5722	0.5525	0.5686
September	0.5779	0.5665	0.5727
October	0.5800	0.5667	0.5737
November	0.5864	0.5752	0.5811
December	0.5879	0.5765	0.5851