YEARLY HIGH
0.0194 PGK
YEARLY LOW
0.0177 PGK
YEARLY AVERAGE
0.0186 PGK

2024 GYD to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GYD to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.0194. Conversely, the yearly low was recorded on January 25, dropping to 0.0177.

This high-to-low spread represents a total annual volatility of 0.0018 PGK. From a start-to-finish perspective, comparing the January average rate of 0.0178 to the December average rate of 0.0193, the exchange rate registered a net change of 8.36% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0194 was up 7.20% compared to the 2023 peak of 0.0181, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 97 PGK
2023 Average 86 PGK
Yearly Trough Low 88 PGK
Transaction Impact: A difference of 8.85 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0195
0.0177
JanuMarcMayJulySeptNove

GYD 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 0.0182, compared to 0.0190 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0182
H2 Avg (Jul–Dec) 0.0190

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0007 PGK (High: 0.0189 / Low: 0.0182). On the other end, May was the most stable month, with a tight range of 0.0002 PGK (High: 0.0186 / Low: 0.0184).

August Spread (Volatile) ±0.0007
May Spread (Stable) ±0.0002

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: 0.0193) against the same month in 2023 (average: 0.0179), the exchange rate shifted by +0.0015 (+8.26%).

2024 Avg (December) 0.0193
2023 Avg (December) 0.0179

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0181 0.0177 0.0178
February 0.0182 0.0178 0.0180
March 0.0183 0.0178 0.0181
April 0.0185 0.0181 0.0183
May 0.0186 0.0184 0.0185
June 0.0187 0.0183 0.0186
July 0.0188 0.0184 0.0186
August 0.0189 0.0182 0.0188
September 0.0191 0.0187 0.0189
October 0.0192 0.0188 0.0190
November 0.0194 0.0191 0.0192
December 0.0194 0.0191 0.0193