2024 HRK to PGK Historical Review

YEARLY HIGH

0.5899 PGK

YEARLY LOW

0.5324 PGK

YEARLY AVERAGE

0.5589 PGK

2024 HRK to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HRK to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 25, valuing the pair at 0.5899. Conversely, the yearly low was recorded on January 25, dropping to 0.5324.

This high-to-low spread represents a total annual volatility of 0.0575 PGK. From a start-to-finish perspective, comparing the January average rate of 0.5405 to the December average rate of 0.5619, the exchange rate registered a net change of 3.95% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5899 was up 6.50% compared to the 2023 peak of 0.5539, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,949 PGK

2023 Average 2,586 PGK

Yearly Trough Low 2,662 PGK

Transaction Impact: A difference of 287.41 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5881

0.5361

JanuMarcMayJulySeptNove

HRK 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 0.5473, compared to 0.5704 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0231 points.

H1 Avg (Jan–Jun) 0.5473

H2 Avg (Jul–Dec) 0.5704

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0265 PGK (High: 0.5819 / Low: 0.5554). On the other end, May was the most stable month, with a tight range of 0.0122 PGK (High: 0.5611 / Low: 0.5489).

November Spread (Volatile) ±0.0265

May Spread (Stable) ±0.0122

Growth Streaks & Declines

Trends

Between June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0097 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0097

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.5838) against the same month in 2023 (average: 0.5164), the exchange rate shifted by +0.0674 (+13.05%).

2024 Avg (September) 0.5838

2023 Avg (September) 0.5164

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5554	0.5324	0.5405
February	0.5475	0.5329	0.5405
March	0.5560	0.5366	0.5479
April	0.5517	0.5336	0.5437
May	0.5611	0.5489	0.5565
June	0.5631	0.5476	0.5548
July	0.5682	0.5487	0.5616
August	0.5861	0.5623	0.5744
September	0.5899	0.5753	0.5838
October	0.5868	0.5644	0.5740
November	0.5819	0.5554	0.5669
December	0.5678	0.5520	0.5619