YEARLY HIGH
0.0228 PGK
YEARLY LOW
0.0208 PGK
YEARLY AVERAGE
0.0219 PGK

2024 DJF to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DJF to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.0228. Conversely, the yearly low was recorded on January 27, dropping to 0.0208.

This high-to-low spread represents a total annual volatility of 0.0020 PGK. From a start-to-finish perspective, comparing the January average rate of 0.0210 to the December average rate of 0.0227, the exchange rate registered a net change of 8.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0228 was up 7.23% compared to the 2023 peak of 0.0213, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 114 PGK
2023 Average 101 PGK
Yearly Trough Low 104 PGK
Transaction Impact: A difference of 10.19 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0229
0.0208
JanuMarcMayJulySeptNove

DJF 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 0.0215, compared to 0.0223 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0215
H2 Avg (Jul–Dec) 0.0223

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0008 PGK (High: 0.0223 / Low: 0.0215). On the other end, May was the most stable month, with a tight range of 0.0003 PGK (High: 0.0220 / Low: 0.0217).

August Spread (Volatile) ±0.0008
May Spread (Stable) ±0.0003

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: 0.0227) against the same month in 2023 (average: 0.0210), the exchange rate shifted by +0.0017 (+8.22%).

2024 Avg (December) 0.0227
2023 Avg (December) 0.0210

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0213 0.0208 0.0210
February 0.0214 0.0209 0.0212
March 0.0215 0.0210 0.0214
April 0.0217 0.0213 0.0215
May 0.0220 0.0217 0.0218
June 0.0221 0.0216 0.0218
July 0.0221 0.0216 0.0219
August 0.0223 0.0215 0.0221
September 0.0224 0.0220 0.0223
October 0.0226 0.0221 0.0223
November 0.0228 0.0224 0.0226
December 0.0228 0.0224 0.0227