2024 NPR to PGK Historical Review

YEARLY HIGH

0.0300 PGK

YEARLY LOW

0.0277 PGK

YEARLY AVERAGE

0.0291 PGK

2024 NPR to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NPR to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 14, valuing the pair at 0.0300. Conversely, the yearly low was recorded on January 2, dropping to 0.0277.

This high-to-low spread represents a total annual volatility of 0.0023 PGK. From a start-to-finish perspective, comparing the January average rate of 0.0281 to the December average rate of 0.0298, the exchange rate registered a net change of 5.95% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0300 was up 5.50% compared to the 2023 peak of 0.0284, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 150 PGK

2023 Average 136 PGK

Yearly Trough Low 138 PGK

Transaction Impact: A difference of 11.73 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0300

0.0279

JanuMarcMayJulySeptNove

NPR 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 0.0287, compared to 0.0295 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0287

H2 Avg (Jul–Dec) 0.0295

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0010 PGK (High: 0.0295 / Low: 0.0284). On the other end, November was the most stable month, with a tight range of 0.0004 PGK (High: 0.0300 / Low: 0.0296).

August Spread (Volatile) ±0.0010

November Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0000 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.0298) against the same month in 2023 (average: 0.0282), the exchange rate shifted by +0.0016 (+5.71%).

2024 Avg (November) 0.0298

2023 Avg (November) 0.0282

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0284	0.0277	0.0281
February	0.0287	0.0281	0.0284
March	0.0289	0.0281	0.0286
April	0.0290	0.0283	0.0287
May	0.0293	0.0287	0.0291
June	0.0293	0.0287	0.0291
July	0.0294	0.0288	0.0292
August	0.0295	0.0284	0.0293
September	0.0298	0.0292	0.0295
October	0.0298	0.0292	0.0295
November	0.0300	0.0296	0.0298
December	0.0298	0.0291	0.0298