2024 INR to PGK Historical Review

YEARLY HIGH

0.0480 PGK

YEARLY LOW

0.0445 PGK

YEARLY AVERAGE

0.0465 PGK

2024 INR to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the INR to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 14, valuing the pair at 0.0480. Conversely, the yearly low was recorded on January 25, dropping to 0.0445.

This high-to-low spread represents a total annual volatility of 0.0035 PGK. From a start-to-finish perspective, comparing the January average rate of 0.0449 to the December average rate of 0.0476, the exchange rate registered a net change of 5.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0480 was up 5.47% compared to the 2023 peak of 0.0455, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 INR based on timing:

Yearly Peak High 11,990 PGK

2023 Average 10,905 PGK

Yearly Trough Low 11,120 PGK

Transaction Impact: A difference of 870.27 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0479

0.0447

JanuMarcMayJulySeptNove

INR 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 0.0458, compared to 0.0472 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 0.0458

H2 Avg (Jul–Dec) 0.0472

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0017 PGK (High: 0.0472 / Low: 0.0455). On the other end, May was the most stable month, with a tight range of 0.0006 PGK (High: 0.0468 / Low: 0.0462).

August Spread (Volatile) ±0.0017

May Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0001 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.0477) against the same month in 2023 (average: 0.0451), the exchange rate shifted by +0.0026 (+5.78%).

2024 Avg (November) 0.0477

2023 Avg (November) 0.0451

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0456	0.0445	0.0449
February	0.0460	0.0448	0.0455
March	0.0462	0.0450	0.0457
April	0.0464	0.0452	0.0458
May	0.0468	0.0462	0.0465
June	0.0468	0.0460	0.0465
July	0.0469	0.0460	0.0466
August	0.0472	0.0455	0.0468
September	0.0477	0.0467	0.0472
October	0.0477	0.0467	0.0472
November	0.0480	0.0474	0.0477
December	0.0478	0.0467	0.0476