2024 GHS to PGK Historical Review

YEARLY HIGH

0.3160 PGK

YEARLY LOW

0.2444 PGK

YEARLY AVERAGE

0.2709 PGK

2024 GHS to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GHS to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.3160. Conversely, the yearly low was recorded on August 26, dropping to 0.2444.

This high-to-low spread represents a total annual volatility of 0.0716 PGK. From a start-to-finish perspective, comparing the January average rate of 0.3100 to the December average rate of 0.2735, the exchange rate registered a net change of -11.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3160 was down 25.11% compared to the 2023 peak of 0.4220, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,580 PGK

2023 Average 1,544 PGK

Yearly Trough Low 1,222 PGK

Transaction Impact: A difference of 358.19 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3162

0.2417

JanuMarcMayJulySeptNove

GHS 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 0.2870, compared to 0.2548 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0322 points.

H1 Avg (Jan–Jun) 0.2870

H2 Avg (Jul–Dec) 0.2548

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0186 PGK (High: 0.2818 / Low: 0.2631). On the other end, July was the most stable month, with a tight range of 0.0046 PGK (High: 0.2542 / Low: 0.2495).

May Spread (Volatile) ±0.0186

July Spread (Stable) ±0.0046

Growth Streaks & Declines

Trends

Between October and December, 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 0.0148 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0148

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.3100) against the same month in 2023 (average: 0.3107), the exchange rate shifted by -0.0007 (-0.23%).

2024 Avg (January) 0.3100

2023 Avg (January) 0.3107

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3160	0.3021	0.3100
February	0.3080	0.2983	0.3028
March	0.2998	0.2870	0.2937
April	0.2888	0.2800	0.2843
May	0.2818	0.2631	0.2731
June	0.2642	0.2523	0.2583
July	0.2542	0.2495	0.2527
August	0.2531	0.2444	0.2517
September	0.2533	0.2486	0.2522
October	0.2526	0.2454	0.2479
November	0.2628	0.2445	0.2508
December	0.2764	0.2615	0.2735