2024 LKR to PGK Historical Review

YEARLY HIGH

0.0139 PGK

YEARLY LOW

0.0115 PGK

YEARLY AVERAGE

0.0129 PGK

2024 LKR to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LKR to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 13, valuing the pair at 0.0139. Conversely, the yearly low was recorded on January 12, dropping to 0.0115.

This high-to-low spread represents a total annual volatility of 0.0024 PGK. From a start-to-finish perspective, comparing the January average rate of 0.0116 to the December average rate of 0.0139, the exchange rate registered a net change of 19.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0139 was up 12.61% compared to the 2023 peak of 0.0124, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 70 PGK

2023 Average 55 PGK

Yearly Trough Low 58 PGK

Transaction Impact: A difference of 12.13 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0141

0.0114

JanuMarcMayJulySeptNove

LKR 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 0.0124, compared to 0.0134 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0124

H2 Avg (Jul–Dec) 0.0134

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0007 PGK (High: 0.0127 / Low: 0.0120). On the other end, May was the most stable month, with a tight range of 0.0002 PGK (High: 0.0130 / Low: 0.0129).

March Spread (Volatile) ±0.0007

May Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0002 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0139) against the same month in 2023 (average: 0.0114), the exchange rate shifted by +0.0024 (+21.05%).

2024 Avg (December) 0.0139

2023 Avg (December) 0.0114

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0119	0.0115	0.0116
February	0.0123	0.0118	0.0121
March	0.0127	0.0120	0.0125
April	0.0130	0.0126	0.0128
May	0.0130	0.0129	0.0130
June	0.0130	0.0126	0.0128
July	0.0130	0.0126	0.0128
August	0.0132	0.0127	0.0131
September	0.0134	0.0128	0.0132
October	0.0137	0.0134	0.0135
November	0.0139	0.0136	0.0138
December	0.0139	0.0136	0.0139