YEARLY HIGH
0.0670 PGK
YEARLY LOW
0.0629 PGK
YEARLY AVERAGE
0.0655 PGK

2024 DOP to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DOP to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 14, valuing the pair at 0.0670. Conversely, the yearly low was recorded on January 25, dropping to 0.0629.

This high-to-low spread represents a total annual volatility of 0.0041 PGK. From a start-to-finish perspective, comparing the January average rate of 0.0637 to the December average rate of 0.0666, the exchange rate registered a net change of 4.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0670 was up 0.76% compared to the 2023 peak of 0.0665, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 335 PGK
2023 Average 322 PGK
Yearly Trough Low 315 PGK
Transaction Impact: A difference of 20.61 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0669
0.0634
JanuMarcMayJulySeptNove

DOP 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 0.0648, compared to 0.0661 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.0648
H2 Avg (Jul–Dec) 0.0661

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0027 PGK (High: 0.0667 / Low: 0.0641). On the other end, November was the most stable month, with a tight range of 0.0008 PGK (High: 0.0670 / Low: 0.0662).

August Spread (Volatile) ±0.0027
November Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0008 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.0666) against the same month in 2023 (average: 0.0661), the exchange rate shifted by +0.0005 (+0.79%).

2024 Avg (November) 0.0666
2023 Avg (November) 0.0661

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0652 0.0629 0.0637
February 0.0651 0.0631 0.0643
March 0.0651 0.0635 0.0644
April 0.0658 0.0639 0.0647
May 0.0667 0.0657 0.0663
June 0.0663 0.0645 0.0656
July 0.0664 0.0651 0.0659
August 0.0667 0.0641 0.0659
September 0.0664 0.0650 0.0660
October 0.0665 0.0651 0.0658
November 0.0670 0.0662 0.0666
December 0.0669 0.0655 0.0666