2024 PGK to ARS Historical Review

YEARLY HIGH

258.2901 ARS

YEARLY LOW

213.8610 ARS

YEARLY AVERAGE

234.8401 ARS

2024 PGK to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PGK to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 258.2901. Conversely, the yearly low was recorded on January 1, dropping to 213.8610.

This high-to-low spread represents a total annual volatility of 44.4291 ARS. From a start-to-finish perspective, comparing the January average rate of 219.0164 to the December average rate of 252.2711, the exchange rate registered a net change of 15.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 258.2901 was up 18.81% compared to the 2023 peak of 217.4016, 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 1,291,450 ARS

2023 Average 408,050 ARS

Yearly Trough Low 1,069,305 ARS

Transaction Impact: A difference of 222,145.62 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

255.5966

215.6910

JanuMarcMayJulySeptNove

PGK to ARS 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 225.3364, compared to 244.3438 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 19.0074 points.

H1 Avg (Jan–Jun) 225.3364

H2 Avg (Jul–Dec) 244.3438

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 11.8023 ARS (High: 248.6754 / Low: 236.8731). On the other end, May was the most stable month, with a tight range of 3.8279 ARS (High: 229.9847 / Low: 226.1567).

August Spread (Volatile) ±11.8023

May Spread (Stable) ±3.8279

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: 252.2711) against the same month in 2023 (average: 168.9241), the exchange rate shifted by +83.3470 (+49.34%).

2024 Avg (December) 252.2711

2023 Avg (December) 168.9241

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	222.5310	213.8610	219.0164
February	224.7339	218.4581	221.0885
March	227.4414	221.1754	223.9214
April	230.2914	223.9103	227.0885
May	229.9847	226.1567	228.3206
June	236.4271	230.0039	232.5832
July	240.2827	234.4516	236.4644
August	248.6754	236.8731	239.5681
September	246.4431	240.8424	242.5282
October	249.7249	242.6878	246.6999
November	251.8368	246.1069	248.5310
December	258.2901	250.3658	252.2711