YEARLY HIGH
0.0474 PGK
YEARLY LOW
0.0414 PGK
YEARLY AVERAGE
0.0447 PGK

2024 KGS to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KGS to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 1, valuing the pair at 0.0474. Conversely, the yearly low was recorded on January 25, dropping to 0.0414.

This high-to-low spread represents a total annual volatility of 0.0060 PGK. From a start-to-finish perspective, comparing the January average rate of 0.0418 to the December average rate of 0.0465, the exchange rate registered a net change of 11.21% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0474 was up 11.20% compared to the 2023 peak of 0.0427, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 237 PGK
2023 Average 205 PGK
Yearly Trough Low 207 PGK
Transaction Impact: A difference of 30.13 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0475
0.0413
JanuMarcMayJulySeptNove

KGS 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 0.0430, compared to 0.0464 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0034 points.

H1 Avg (Jan–Jun) 0.0430
H2 Avg (Jul–Dec) 0.0464

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0021 PGK (High: 0.0467 / Low: 0.0446). On the other end, December was the most stable month, with a tight range of 0.0009 PGK (High: 0.0467 / Low: 0.0458).

July Spread (Volatile) ±0.0021
December Spread (Stable) ±0.0009

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 September and October, when the average rate fell by 0.0004 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 0.0465) against the same month in 2023 (average: 0.0416), the exchange rate shifted by +0.0049 (+11.86%).

2024 Avg (October) 0.0465
2023 Avg (October) 0.0416

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0426 0.0414 0.0418
February 0.0426 0.0417 0.0422
March 0.0428 0.0417 0.0425
April 0.0436 0.0424 0.0429
May 0.0444 0.0435 0.0439
June 0.0452 0.0439 0.0446
July 0.0467 0.0446 0.0459
August 0.0468 0.0448 0.0461
September 0.0474 0.0464 0.0470
October 0.0474 0.0459 0.0465
November 0.0470 0.0461 0.0466
December 0.0467 0.0458 0.0465