2024 MZN to PGK Historical Review

YEARLY HIGH

0.0636 PGK

YEARLY LOW

0.0579 PGK

YEARLY AVERAGE

0.0609 PGK

2024 MZN to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MZN to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.0636. Conversely, the yearly low was recorded on January 25, dropping to 0.0579.

This high-to-low spread represents a total annual volatility of 0.0057 PGK. From a start-to-finish perspective, comparing the January average rate of 0.0585 to the December average rate of 0.0633, the exchange rate registered a net change of 8.17% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0636 was up 7.35% compared to the 2023 peak of 0.0593, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 318 PGK

2023 Average 282 PGK

Yearly Trough Low 290 PGK

Transaction Impact: A difference of 28.62 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0638

0.0580

JanuMarcMayJulySeptNove

MZN 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 0.0597, compared to 0.0621 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) 0.0597

H2 Avg (Jul–Dec) 0.0621

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0027 PGK (High: 0.0606 / Low: 0.0579). On the other end, May was the most stable month, with a tight range of 0.0006 PGK (High: 0.0610 / Low: 0.0603).

January Spread (Volatile) ±0.0027

May Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0633) against the same month in 2023 (average: 0.0586), the exchange rate shifted by +0.0047 (+8.10%).

2024 Avg (December) 0.0633

2023 Avg (December) 0.0586

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0606	0.0579	0.0585
February	0.0597	0.0583	0.0591
March	0.0599	0.0584	0.0594
April	0.0606	0.0591	0.0597
May	0.0610	0.0603	0.0607
June	0.0613	0.0601	0.0608
July	0.0615	0.0601	0.0610
August	0.0620	0.0598	0.0615
September	0.0625	0.0612	0.0620
October	0.0628	0.0615	0.0621
November	0.0634	0.0623	0.0629
December	0.0636	0.0625	0.0633