2024 MMK to PGK Historical Review

YEARLY HIGH

0.0019 PGK

YEARLY LOW

0.0012 PGK

YEARLY AVERAGE

0.0018 PGK

2024 MMK to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MMK to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.0019. Conversely, the yearly low was recorded on July 20, dropping to 0.0012.

This high-to-low spread represents a total annual volatility of 0.0007 PGK. From a start-to-finish perspective, comparing the January average rate of 0.0018 to the December average rate of 0.0019, the exchange rate registered a net change of 8.37% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0019 was up 7.26% compared to the 2023 peak of 0.0018, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10 PGK

2023 Average 9 PGK

Yearly Trough Low 6 PGK

Transaction Impact: A difference of 3.66 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0019

0.0017

JanuMarcMayJulySeptNove

MMK 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 0.0018, compared to 0.0019 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0018

H2 Avg (Jul–Dec) 0.0019

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0007 PGK (High: 0.0019 / Low: 0.0012). On the other end, May was the most stable month, with a tight range of 0.0000 PGK (High: 0.0019 / Low: 0.0018).

July Spread (Volatile) ±0.0007

May Spread (Stable) ±0.0000

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 May and June, 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: 0.0019) against the same month in 2023 (average: 0.0018), the exchange rate shifted by +0.0001 (+8.29%).

2024 Avg (December) 0.0019

2023 Avg (December) 0.0018

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0018	0.0018	0.0018
February	0.0018	0.0018	0.0018
March	0.0018	0.0018	0.0018
April	0.0018	0.0018	0.0018
May	0.0019	0.0018	0.0018
June	0.0019	0.0015	0.0018
July	0.0019	0.0012	0.0017
August	0.0019	0.0018	0.0019
September	0.0019	0.0019	0.0019
October	0.0019	0.0019	0.0019
November	0.0019	0.0019	0.0019
December	0.0019	0.0019	0.0019