2024 BWP to PGK Historical Review

YEARLY HIGH

0.3063 PGK

YEARLY LOW

0.2704 PGK

YEARLY AVERAGE

0.2872 PGK

2024 BWP to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BWP to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 1, valuing the pair at 0.3063. Conversely, the yearly low was recorded on April 30, dropping to 0.2704.

This high-to-low spread represents a total annual volatility of 0.0359 PGK. From a start-to-finish perspective, comparing the January average rate of 0.2749 to the December average rate of 0.2948, the exchange rate registered a net change of 7.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3063 was up 8.52% compared to the 2023 peak of 0.2823, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,532 PGK

2023 Average 1,349 PGK

Yearly Trough Low 1,352 PGK

Transaction Impact: A difference of 179.64 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3014

0.2725

JanuMarcMayJulySeptNove

BWP 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 0.2794, compared to 0.2949 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0155 points.

H1 Avg (Jan–Jun) 0.2794

H2 Avg (Jul–Dec) 0.2949

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0166 PGK (High: 0.2883 / Low: 0.2717). On the other end, February was the most stable month, with a tight range of 0.0068 PGK (High: 0.2784 / Low: 0.2716).

May Spread (Volatile) ±0.0166

February Spread (Stable) ±0.0068

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 November and December, when the average rate fell by 0.0022 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0022

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 0.2982) against the same month in 2023 (average: 0.2699), the exchange rate shifted by +0.0283 (+10.49%).

2024 Avg (October) 0.2982

2023 Avg (October) 0.2699

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2821	0.2715	0.2749
February	0.2784	0.2716	0.2752
March	0.2823	0.2709	0.2781
April	0.2823	0.2704	0.2779
May	0.2883	0.2717	0.2851
June	0.2905	0.2793	0.2851
July	0.2907	0.2815	0.2878
August	0.2983	0.2866	0.2927
September	0.3055	0.2943	0.2990
October	0.3063	0.2934	0.2982
November	0.3026	0.2938	0.2970
December	0.2997	0.2864	0.2948