2024 GTQ to PGK Historical Review

YEARLY HIGH

0.5269 PGK

YEARLY LOW

0.4727 PGK

YEARLY AVERAGE

0.5015 PGK

2024 GTQ to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GTQ to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 0.5269. Conversely, the yearly low was recorded on January 25, dropping to 0.4727.

This high-to-low spread represents a total annual volatility of 0.0542 PGK. From a start-to-finish perspective, comparing the January average rate of 0.4776 to the December average rate of 0.5246, the exchange rate registered a net change of 9.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5269 was up 8.89% compared to the 2023 peak of 0.4839, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,635 PGK

2023 Average 2,300 PGK

Yearly Trough Low 2,364 PGK

Transaction Impact: A difference of 270.94 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5293

0.4729

JanuMarcMayJulySeptNove

GTQ 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 0.4897, compared to 0.5133 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0236 points.

H1 Avg (Jan–Jun) 0.4897

H2 Avg (Jul–Dec) 0.5133

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0183 PGK (High: 0.5112 / Low: 0.4930). On the other end, May was the most stable month, with a tight range of 0.0051 PGK (High: 0.5015 / Low: 0.4964).

August Spread (Volatile) ±0.0183

May Spread (Stable) ±0.0051

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: 0.5246) against the same month in 2023 (average: 0.4776), the exchange rate shifted by +0.0470 (+9.84%).

2024 Avg (December) 0.5246

2023 Avg (December) 0.4776

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4833	0.4727	0.4776
February	0.4885	0.4764	0.4831
March	0.4911	0.4777	0.4870
April	0.4978	0.4861	0.4912
May	0.5015	0.4964	0.4993
June	0.5046	0.4937	0.5002
July	0.5070	0.4955	0.5025
August	0.5112	0.4930	0.5073
September	0.5165	0.5064	0.5119
October	0.5185	0.5081	0.5130
November	0.5247	0.5163	0.5206
December	0.5269	0.5167	0.5246