2024 NAD to PGK Historical Review

YEARLY HIGH

0.2315 PGK

YEARLY LOW

0.1939 PGK

YEARLY AVERAGE

0.2126 PGK

2024 NAD to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NAD to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 0.2315. Conversely, the yearly low was recorded on February 26, dropping to 0.1939.

This high-to-low spread represents a total annual volatility of 0.0376 PGK. From a start-to-finish perspective, comparing the January average rate of 0.1988 to the December average rate of 0.2219, the exchange rate registered a net change of 11.63% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2315 was up 10.43% compared to the 2023 peak of 0.2096, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,157 PGK

2023 Average 974 PGK

Yearly Trough Low 969 PGK

Transaction Impact: A difference of 187.92 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2286

0.1960

JanuMarcMayJulySeptNove

NAD 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 0.2039, compared to 0.2214 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0175 points.

H1 Avg (Jan–Jun) 0.2039

H2 Avg (Jul–Dec) 0.2214

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0166 PGK (High: 0.2293 / Low: 0.2127). On the other end, May was the most stable month, with a tight range of 0.0077 PGK (High: 0.2148 / Low: 0.2071).

December Spread (Volatile) ±0.0166

May Spread (Stable) ±0.0077

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 November and December, when the average rate fell by 0.0024 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0024

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.2248) against the same month in 2023 (average: 0.1921), the exchange rate shifted by +0.0327 (+17.02%).

2024 Avg (September) 0.2248

2023 Avg (September) 0.1921

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2047	0.1944	0.1988
February	0.2030	0.1939	0.1989
March	0.2059	0.1952	0.2015
April	0.2070	0.1979	0.2024
May	0.2148	0.2071	0.2110
June	0.2179	0.2030	0.2109
July	0.2175	0.2086	0.2138
August	0.2242	0.2116	0.2178
September	0.2315	0.2196	0.2248
October	0.2311	0.2228	0.2259
November	0.2302	0.2206	0.2243
December	0.2293	0.2127	0.2219