YEARLY HIGH
0.0314 PGK
YEARLY LOW
0.0226 PGK
YEARLY AVERAGE
0.0291 PGK

2024 KES to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KES to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.0314. Conversely, the yearly low was recorded on January 25, dropping to 0.0226.

This high-to-low spread represents a total annual volatility of 0.0088 PGK. From a start-to-finish perspective, comparing the January average rate of 0.0234 to the December average rate of 0.0313, the exchange rate registered a net change of 33.76% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0314 was up 10.06% compared to the 2023 peak of 0.0286, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 157 PGK
2023 Average 129 PGK
Yearly Trough Low 113 PGK
Transaction Impact: A difference of 44.03 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0321
0.0226
JanuMarcMayJulySeptNove

KES 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 0.0274, compared to 0.0307 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0033 points.

H1 Avg (Jan–Jun) 0.0274
H2 Avg (Jul–Dec) 0.0307

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.0037 PGK (High: 0.0266 / Low: 0.0230). On the other end, November was the most stable month, with a tight range of 0.0004 PGK (High: 0.0313 / Low: 0.0309).

February Spread (Volatile) ±0.0037
November Spread (Stable) ±0.0004

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: 0.0313) against the same month in 2023 (average: 0.0242), the exchange rate shifted by +0.0070 (+29.07%).

2024 Avg (December) 0.0313
2023 Avg (December) 0.0242

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0241 0.0226 0.0234
February 0.0266 0.0230 0.0248
March 0.0290 0.0254 0.0277
April 0.0301 0.0283 0.0291
May 0.0304 0.0286 0.0295
June 0.0305 0.0294 0.0300
July 0.0307 0.0296 0.0302
August 0.0307 0.0296 0.0304
September 0.0310 0.0303 0.0307
October 0.0311 0.0304 0.0308
November 0.0313 0.0309 0.0311
December 0.0314 0.0309 0.0313