2024 KWD to PGK Historical Review

YEARLY HIGH

13.1801 PGK

YEARLY LOW

12.0206 PGK

YEARLY AVERAGE

12.6848 PGK

2024 KWD to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KWD to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 13.1801. Conversely, the yearly low was recorded on January 25, dropping to 12.0206.

This high-to-low spread represents a total annual volatility of 1.1595 PGK. From a start-to-finish perspective, comparing the January average rate of 12.1390 to the December average rate of 13.1378, the exchange rate registered a net change of 8.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 13.1801 was up 7.11% compared to the 2023 peak of 12.3056, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 65,901 PGK

2023 Average 58,601 PGK

Yearly Trough Low 60,103 PGK

Transaction Impact: A difference of 5,797.48 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

13.2377

12.0391

JanuMarcMayJulySeptNove

KWD 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 12.4104, compared to 12.9593 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5489 points.

H1 Avg (Jan–Jun) 12.4104

H2 Avg (Jul–Dec) 12.9593

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.4741 PGK (High: 12.9727 / Low: 12.4985). On the other end, November was the most stable month, with a tight range of 0.1721 PGK (High: 13.1711 / Low: 12.9990).

August Spread (Volatile) ±0.4741

November Spread (Stable) ±0.1721

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 0.0168 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0168

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 13.1378) against the same month in 2023 (average: 12.1503), the exchange rate shifted by +0.9875 (+8.13%).

2024 Avg (December) 13.1378

2023 Avg (December) 12.1503

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.3176	12.0206	12.1390
February	12.4079	12.1014	12.2577
March	12.4543	12.1184	12.3558
April	12.5698	12.2839	12.4121
May	12.7002	12.5230	12.6254
June	12.7761	12.5217	12.6722
July	12.8555	12.5580	12.7490
August	12.9727	12.4985	12.8504
September	13.0752	12.8195	12.9728
October	13.0985	12.8100	12.9560
November	13.1711	12.9990	13.0897
December	13.1801	12.9476	13.1378