YEARLY HIGH
0.4875 ANG
YEARLY LOW
0.4437 ANG
YEARLY AVERAGE
0.4632 ANG

2024 PGK to ANG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PGK to ANG exchange rate experienced significant fluctuation. The market reached its absolute peak on January 25, valuing the pair at 0.4875. Conversely, the yearly low was recorded on December 31, dropping to 0.4437.

This high-to-low spread represents a total annual volatility of 0.0439 ANG. From a start-to-finish perspective, comparing the January average rate of 0.4826 to the December average rate of 0.4457, the exchange rate registered a net change of -7.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4875 was down 5.08% compared to the 2023 peak of 0.5136, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,438 ANG
2023 Average 2,502 ANG
Yearly Trough Low 2,218 ANG
Transaction Impact: A difference of 219.41 ANG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4863
0.4420
JanuMarcMayJulySeptNove

PGK to ANG 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 0.4724, compared to 0.4540 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0184 points.

H1 Avg (Jan–Jun) 0.4724
H2 Avg (Jul–Dec) 0.4540

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0165 ANG (High: 0.4721 / Low: 0.4556). On the other end, May was the most stable month, with a tight range of 0.0045 ANG (High: 0.4670 / Low: 0.4626).

August Spread (Volatile) ±0.0165
May Spread (Stable) ±0.0045

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0069 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.0069

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.4826) against the same month in 2023 (average: 0.5116), the exchange rate shifted by -0.0289 (-5.66%).

2024 Avg (January) 0.4826
2023 Avg (January) 0.5116

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4875 0.4767 0.4826
February 0.4842 0.4724 0.4779
March 0.4830 0.4707 0.4742
April 0.4760 0.4669 0.4714
May 0.4670 0.4626 0.4646
June 0.4700 0.4603 0.4639
July 0.4681 0.4587 0.4621
August 0.4721 0.4556 0.4586
September 0.4604 0.4514 0.4552
October 0.4588 0.4497 0.4543
November 0.4518 0.4448 0.4483
December 0.4524 0.4437 0.4457