2024 HKD to PGK Historical Review

YEARLY HIGH

0.5230 PGK

YEARLY LOW

0.4731 PGK

YEARLY AVERAGE

0.4989 PGK

2024 HKD to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HKD to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.5230. Conversely, the yearly low was recorded on January 25, dropping to 0.4731.

This high-to-low spread represents a total annual volatility of 0.0500 PGK. From a start-to-finish perspective, comparing the January average rate of 0.4776 to the December average rate of 0.5201, the exchange rate registered a net change of 8.88% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5230 was up 7.62% compared to the 2023 peak of 0.4860, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 HKD based on timing:

Yearly Peak High 13,076 PGK

2023 Average 11,502 PGK

Yearly Trough Low 11,826 PGK

Transaction Impact: A difference of 1,249.12 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5243

0.4734

JanuMarcMayJulySeptNove

HKD 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 0.4879, compared to 0.5098 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0219 points.

H1 Avg (Jan–Jun) 0.4879

H2 Avg (Jul–Dec) 0.5098

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0181 PGK (High: 0.5078 / Low: 0.4897). On the other end, May was the most stable month, with a tight range of 0.0054 PGK (High: 0.4987 / Low: 0.4933).

August Spread (Volatile) ±0.0181

May Spread (Stable) ±0.0054

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: 0.5201) against the same month in 2023 (average: 0.4790), the exchange rate shifted by +0.0411 (+8.57%).

2024 Avg (December) 0.5201

2023 Avg (December) 0.4790

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4855	0.4731	0.4776
February	0.4873	0.4759	0.4824
March	0.4895	0.4764	0.4855
April	0.4943	0.4822	0.4880
May	0.4987	0.4933	0.4965
June	0.5016	0.4915	0.4974
July	0.5027	0.4915	0.4993
August	0.5078	0.4897	0.5036
September	0.5129	0.5016	0.5082
October	0.5161	0.5052	0.5109
November	0.5207	0.5123	0.5168
December	0.5230	0.5138	0.5201