2024 BRL to PGK Historical Review

YEARLY HIGH

0.7811 PGK

YEARLY LOW

0.6018 PGK

YEARLY AVERAGE

0.7241 PGK

2024 BRL to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BRL to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.7811. Conversely, the yearly low was recorded on December 25, dropping to 0.6018.

This high-to-low spread represents a total annual volatility of 0.1794 PGK. From a start-to-finish perspective, comparing the January average rate of 0.7606 to the December average rate of 0.6606, the exchange rate registered a net change of -13.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.7811 was up 0.24% compared to the 2023 peak of 0.7792, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 BRL based on timing:

Yearly Peak High 19,529 PGK

2023 Average 18,052 PGK

Yearly Trough Low 15,044 PGK

Transaction Impact: A difference of 4,484.36 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.7723

0.6505

JanuMarcMayJulySeptNove

BRL 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 0.7506, compared to 0.6975 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0530 points.

H1 Avg (Jan–Jun) 0.7506

H2 Avg (Jul–Dec) 0.6975

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0768 PGK (High: 0.6786 / Low: 0.6018). On the other end, May was the most stable month, with a tight range of 0.0206 PGK (High: 0.7630 / Low: 0.7424).

December Spread (Volatile) ±0.0768

May Spread (Stable) ±0.0206

Growth Streaks & Declines

Trends

Between July and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0349 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0349

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.7606) against the same month in 2023 (average: 0.6793), the exchange rate shifted by +0.0813 (+11.97%).

2024 Avg (January) 0.7606

2023 Avg (January) 0.6793

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7811	0.7469	0.7606
February	0.7679	0.7469	0.7600
March	0.7717	0.7490	0.7622
April	0.7642	0.7159	0.7456
May	0.7630	0.7424	0.7550
June	0.7423	0.6873	0.7201
July	0.7220	0.6783	0.7039
August	0.7279	0.6812	0.7070
September	0.7329	0.6945	0.7149
October	0.7365	0.6914	0.7063
November	0.7068	0.6702	0.6927
December	0.6786	0.6018	0.6606