YEARLY HIGH
0.8444 PGK
YEARLY LOW
0.7681 PGK
YEARLY AVERAGE
0.8059 PGK

2024 LYD to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LYD to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 1, valuing the pair at 0.8444. Conversely, the yearly low was recorded on January 25, dropping to 0.7681.

This high-to-low spread represents a total annual volatility of 0.0763 PGK. From a start-to-finish perspective, comparing the January average rate of 0.7770 to the December average rate of 0.8263, the exchange rate registered a net change of 6.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.8444 was up 6.61% compared to the 2023 peak of 0.7920, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,222 PGK
2023 Average 3,745 PGK
Yearly Trough Low 3,841 PGK
Transaction Impact: A difference of 381.28 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.8379
0.7715
JanuMarcMayJulySeptNove

LYD 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 0.7888, compared to 0.8229 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0341 points.

H1 Avg (Jan–Jun) 0.7888
H2 Avg (Jul–Dec) 0.8229

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0321 PGK (High: 0.8341 / Low: 0.8021). On the other end, May was the most stable month, with a tight range of 0.0120 PGK (High: 0.8038 / Low: 0.7918).

August Spread (Volatile) ±0.0321
May Spread (Stable) ±0.0120

Growth Streaks & Declines

Trends

Between April and September, 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 September and October, when the average rate fell by 0.0049 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0049

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 0.8275) against the same month in 2023 (average: 0.7579), the exchange rate shifted by +0.0696 (+9.18%).

2024 Avg (October) 0.8275
2023 Avg (October) 0.7579

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7935 0.7681 0.7770
February 0.7898 0.7691 0.7797
March 0.7952 0.7715 0.7879
April 0.7940 0.7779 0.7878
May 0.8038 0.7918 0.7994
June 0.8072 0.7893 0.8011
July 0.8131 0.7906 0.8049
August 0.8341 0.8021 0.8199
September 0.8406 0.8235 0.8323
October 0.8444 0.8173 0.8275
November 0.8337 0.8187 0.8267
December 0.8301 0.8102 0.8263