2024 MDL to PGK Historical Review

YEARLY HIGH

0.2300 PGK

YEARLY LOW

0.2088 PGK

YEARLY AVERAGE

0.2195 PGK

2024 MDL to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MDL to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 1, valuing the pair at 0.2300. Conversely, the yearly low was recorded on January 27, dropping to 0.2088.

This high-to-low spread represents a total annual volatility of 0.0212 PGK. From a start-to-finish perspective, comparing the January average rate of 0.2119 to the December average rate of 0.2207, the exchange rate registered a net change of 4.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2300 was up 5.45% compared to the 2023 peak of 0.2182, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,150 PGK

2023 Average 996 PGK

Yearly Trough Low 1,044 PGK

Transaction Impact: A difference of 106.00 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2294

0.2103

JanuMarcMayJulySeptNove

MDL 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 0.2156, compared to 0.2235 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0079 points.

H1 Avg (Jan–Jun) 0.2156

H2 Avg (Jul–Dec) 0.2235

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0099 PGK (High: 0.2188 / Low: 0.2088). On the other end, May was the most stable month, with a tight range of 0.0029 PGK (High: 0.2212 / Low: 0.2182).

January Spread (Volatile) ±0.0099

May Spread (Stable) ±0.0029

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0033 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0033

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 0.2245) against the same month in 2023 (average: 0.2044), the exchange rate shifted by +0.0201 (+9.82%).

2024 Avg (October) 0.2245

2023 Avg (October) 0.2044

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2188	0.2088	0.2119
February	0.2146	0.2089	0.2120
March	0.2180	0.2106	0.2152
April	0.2177	0.2121	0.2156
May	0.2212	0.2182	0.2196
June	0.2219	0.2149	0.2193
July	0.2229	0.2161	0.2202
August	0.2294	0.2196	0.2246
September	0.2297	0.2246	0.2278
October	0.2300	0.2223	0.2245
November	0.2258	0.2191	0.2228
December	0.2220	0.2160	0.2207