2024 MUR to PGK Historical Review

YEARLY HIGH

0.0903 PGK

YEARLY LOW

0.0797 PGK

YEARLY AVERAGE

0.0843 PGK

2024 MUR to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MUR to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 12, valuing the pair at 0.0903. Conversely, the yearly low was recorded on April 15, dropping to 0.0797.

This high-to-low spread represents a total annual volatility of 0.0107 PGK. From a start-to-finish perspective, comparing the January average rate of 0.0836 to the December average rate of 0.0863, the exchange rate registered a net change of 3.26% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0903 was up 5.18% compared to the 2023 peak of 0.0859, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 452 PGK

2023 Average 400 PGK

Yearly Trough Low 398 PGK

Transaction Impact: A difference of 53.41 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0867

0.0819

JanuMarcMayJulySeptNove

MUR 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 0.0831, compared to 0.0855 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0024 points.

H1 Avg (Jan–Jun) 0.0831

H2 Avg (Jul–Dec) 0.0855

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0092 PGK (High: 0.0903 / Low: 0.0812). On the other end, May was the most stable month, with a tight range of 0.0014 PGK (High: 0.0847 / Low: 0.0832).

March Spread (Volatile) ±0.0092

May Spread (Stable) ±0.0014

Growth Streaks & Declines

Trends

Between June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0013 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.0828) against the same month in 2023 (average: 0.0758), the exchange rate shifted by +0.0069 (+9.16%).

2024 Avg (March) 0.0828

2023 Avg (March) 0.0758

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0856	0.0813	0.0836
February	0.0835	0.0798	0.0823
March	0.0903	0.0812	0.0828
April	0.0835	0.0797	0.0823
May	0.0847	0.0832	0.0841
June	0.0849	0.0814	0.0834
July	0.0843	0.0816	0.0834
August	0.0857	0.0828	0.0848
September	0.0875	0.0849	0.0861
October	0.0871	0.0844	0.0859
November	0.0875	0.0851	0.0863
December	0.0871	0.0850	0.0863