YEARLY HIGH
0.0226 PGK
YEARLY LOW
0.0195 PGK
YEARLY AVERAGE
0.0204 PGK

2024 LRD to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LRD to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 5, valuing the pair at 0.0226. Conversely, the yearly low was recorded on March 2, dropping to 0.0195.

This high-to-low spread represents a total annual volatility of 0.0031 PGK. From a start-to-finish perspective, comparing the January average rate of 0.0197 to the December average rate of 0.0224, the exchange rate registered a net change of 13.42% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0226 was down 2.70% compared to the 2023 peak of 0.0232, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 113 PGK
2023 Average 104 PGK
Yearly Trough Low 97 PGK
Transaction Impact: A difference of 15.67 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0227
0.0195
JanuMarcMayJulySeptNove

LRD 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 0.0199, compared to 0.0208 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0199
H2 Avg (Jul–Dec) 0.0208

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0018 PGK (High: 0.0225 / Low: 0.0208). On the other end, May was the most stable month, with a tight range of 0.0002 PGK (High: 0.0201 / Low: 0.0199).

November Spread (Volatile) ±0.0018
May Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0001 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0224) against the same month in 2023 (average: 0.0199), the exchange rate shifted by +0.0025 (+12.65%).

2024 Avg (December) 0.0224
2023 Avg (December) 0.0199

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0201 0.0195 0.0197
February 0.0200 0.0195 0.0198
March 0.0199 0.0195 0.0197
April 0.0202 0.0196 0.0198
May 0.0201 0.0199 0.0200
June 0.0202 0.0198 0.0200
July 0.0201 0.0198 0.0200
August 0.0203 0.0196 0.0201
September 0.0205 0.0196 0.0202
October 0.0209 0.0204 0.0206
November 0.0225 0.0208 0.0217
December 0.0226 0.0219 0.0224