2024 MAD to PGK Historical Review

YEARLY HIGH

0.4131 PGK

YEARLY LOW

0.3697 PGK

YEARLY AVERAGE

0.3918 PGK

2024 MAD to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MAD to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 25, valuing the pair at 0.4131. Conversely, the yearly low was recorded on February 20, dropping to 0.3697.

This high-to-low spread represents a total annual volatility of 0.0434 PGK. From a start-to-finish perspective, comparing the January average rate of 0.3752 to the December average rate of 0.4036, the exchange rate registered a net change of 7.58% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4131 was up 8.34% compared to the 2023 peak of 0.3813, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,066 PGK

2023 Average 1,780 PGK

Yearly Trough Low 1,849 PGK

Transaction Impact: A difference of 216.90 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4103

0.3719

JanuMarcMayJulySeptNove

MAD 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 0.3809, compared to 0.4026 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0218 points.

H1 Avg (Jan–Jun) 0.3809

H2 Avg (Jul–Dec) 0.4026

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0158 PGK (High: 0.4098 / Low: 0.3941). On the other end, June was the most stable month, with a tight range of 0.0080 PGK (High: 0.3938 / Low: 0.3858).

August Spread (Volatile) ±0.0158

June Spread (Stable) ±0.0080

Growth Streaks & Declines

Trends

Between February and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0040 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0040

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.4071) against the same month in 2023 (average: 0.3562), the exchange rate shifted by +0.0509 (+14.28%).

2024 Avg (September) 0.4071

2023 Avg (September) 0.3562

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3820	0.3705	0.3752
February	0.3800	0.3697	0.3751
March	0.3817	0.3701	0.3778
April	0.3826	0.3723	0.3786
May	0.3922	0.3817	0.3882
June	0.3938	0.3858	0.3903
July	0.3998	0.3860	0.3955
August	0.4098	0.3941	0.4026
September	0.4131	0.4032	0.4071
October	0.4096	0.3965	0.4031
November	0.4087	0.3995	0.4039
December	0.4065	0.3948	0.4036