2024 GMD to PGK Historical Review

YEARLY HIGH

0.0583 PGK

YEARLY LOW

0.0542 PGK

YEARLY AVERAGE

0.0566 PGK

2024 GMD to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GMD to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 25, valuing the pair at 0.0583. Conversely, the yearly low was recorded on August 26, dropping to 0.0542.

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 0.0555 to the December average rate of 0.0563, the exchange rate registered a net change of 1.47% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0583 was down 3.89% compared to the 2023 peak of 0.0607, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 291 PGK

2023 Average 289 PGK

Yearly Trough Low 271 PGK

Transaction Impact: A difference of 20.68 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0577

0.0553

JanuMarcMayJulySeptNove

GMD 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 0.0563, compared to 0.0568 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0563

H2 Avg (Jul–Dec) 0.0568

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0029 PGK (High: 0.0571 / Low: 0.0542). On the other end, May was the most stable month, with a tight range of 0.0006 PGK (High: 0.0575 / Low: 0.0569).

August Spread (Volatile) ±0.0029

May Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0013 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.0569) against the same month in 2023 (average: 0.0590), the exchange rate shifted by -0.0021 (-3.52%).

2024 Avg (September) 0.0569

2023 Avg (September) 0.0590

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0563	0.0549	0.0555
February	0.0567	0.0550	0.0558
March	0.0564	0.0549	0.0559
April	0.0570	0.0556	0.0563
May	0.0575	0.0569	0.0572
June	0.0578	0.0566	0.0573
July	0.0579	0.0565	0.0575
August	0.0571	0.0542	0.0562
September	0.0583	0.0555	0.0569
October	0.0582	0.0558	0.0573
November	0.0571	0.0557	0.0565
December	0.0569	0.0554	0.0563