2024 PGK to AUD Historical Review

YEARLY HIGH

0.4126 AUD

YEARLY LOW

0.3636 AUD

YEARLY AVERAGE

0.3898 AUD

2024 PGK to AUD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PGK to AUD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 8, valuing the pair at 0.4126. Conversely, the yearly low was recorded on September 29, dropping to 0.3636.

This high-to-low spread represents a total annual volatility of 0.0489 AUD. From a start-to-finish perspective, comparing the January average rate of 0.4031 to the December average rate of 0.3912, the exchange rate registered a net change of -2.97% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4126 was down 7.39% compared to the 2023 peak of 0.4455, 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 2,063 AUD

2023 Average 2,091 AUD

Yearly Trough Low 1,818 AUD

Transaction Impact: A difference of 244.70 AUD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4094

0.3697

JanuMarcMayJulySeptNove

PGK to AUD 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 0.3982, compared to 0.3813 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0169 points.

H1 Avg (Jan–Jun) 0.3982

H2 Avg (Jul–Dec) 0.3813

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0234 AUD (High: 0.4108 / Low: 0.3873). On the other end, June was the most stable month, with a tight range of 0.0112 AUD (High: 0.3953 / Low: 0.3840).

January Spread (Volatile) ±0.0234

June Spread (Stable) ±0.0112

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0133 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0133

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.4061) against the same month in 2023 (average: 0.4115), the exchange rate shifted by -0.0054 (-1.31%).

2024 Avg (February) 0.4061

2023 Avg (February) 0.4115

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4108	0.3873	0.4031
February	0.4126	0.4001	0.4061
March	0.4102	0.3942	0.4015
April	0.4120	0.3941	0.4022
May	0.3968	0.3845	0.3890
June	0.3953	0.3840	0.3876
July	0.3953	0.3775	0.3842
August	0.3944	0.3718	0.3828
September	0.3821	0.3636	0.3730
October	0.3811	0.3638	0.3758
November	0.3862	0.3733	0.3808
December	0.4034	0.3818	0.3912