2024 JPY to PGK Historical Review

YEARLY HIGH

0.0282 PGK

YEARLY LOW

0.0238 PGK

YEARLY AVERAGE

0.0257 PGK

2024 JPY to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JPY to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 15, valuing the pair at 0.0282. Conversely, the yearly low was recorded on July 3, dropping to 0.0238.

This high-to-low spread represents a total annual volatility of 0.0044 PGK. From a start-to-finish perspective, comparing the January average rate of 0.0255 to the December average rate of 0.0263, the exchange rate registered a net change of 2.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0282 was up 2.44% compared to the 2023 peak of 0.0275, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 JPY based on timing:

Yearly Peak High 14,097 PGK

2023 Average 12,834 PGK

Yearly Trough Low 11,915 PGK

Transaction Impact: A difference of 2,182.44 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0280

0.0243

JanuMarcMayJulySeptNove

JPY 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 0.0251, compared to 0.0264 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.0251

H2 Avg (Jul–Dec) 0.0264

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0024 PGK (High: 0.0262 / Low: 0.0238). On the other end, May was the most stable month, with a tight range of 0.0006 PGK (High: 0.0253 / Low: 0.0247).

July Spread (Volatile) ±0.0024

May Spread (Stable) ±0.0006

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 0.0012 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.0277) against the same month in 2023 (average: 0.0247), the exchange rate shifted by +0.0030 (+12.25%).

2024 Avg (September) 0.0277

2023 Avg (September) 0.0247

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0269	0.0250	0.0255
February	0.0254	0.0248	0.0252
March	0.0260	0.0248	0.0254
April	0.0253	0.0243	0.0248
May	0.0253	0.0247	0.0249
June	0.0251	0.0239	0.0246
July	0.0262	0.0238	0.0248
August	0.0274	0.0263	0.0269
September	0.0282	0.0270	0.0277
October	0.0278	0.0261	0.0265
November	0.0270	0.0259	0.0262
December	0.0270	0.0253	0.0263