YEARLY HIGH
0.4877 AWG
YEARLY LOW
0.4431 AWG
YEARLY AVERAGE
0.4630 AWG

2024 PGK to AWG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PGK to AWG exchange rate experienced significant fluctuation. The market reached its absolute peak on January 25, valuing the pair at 0.4877. Conversely, the yearly low was recorded on December 31, dropping to 0.4431.

This high-to-low spread represents a total annual volatility of 0.0446 AWG. From a start-to-finish perspective, comparing the January average rate of 0.4825 to the December average rate of 0.4453, the exchange rate registered a net change of -7.71% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4877 was down 5.85% compared to the 2023 peak of 0.5180, 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 AWG
2023 Average 2,501 AWG
Yearly Trough Low 2,215 AWG
Transaction Impact: A difference of 223.19 AWG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4862
0.4416
JanuMarcMayJulySeptNove

PGK to AWG 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 0.4723, compared to 0.4537 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0186 points.

H1 Avg (Jan–Jun) 0.4723
H2 Avg (Jul–Dec) 0.4537

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0175 AWG (High: 0.4721 / Low: 0.4546). On the other end, May was the most stable month, with a tight range of 0.0056 AWG (High: 0.4676 / Low: 0.4620).

August Spread (Volatile) ±0.0175
May Spread (Stable) ±0.0056

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 0.0068 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.0068

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.4825) against the same month in 2023 (average: 0.5113), the exchange rate shifted by -0.0288 (-5.63%).

2024 Avg (January) 0.4825
2023 Avg (January) 0.5113

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4877 0.4747 0.4825
February 0.4842 0.4722 0.4774
March 0.4832 0.4700 0.4743
April 0.4773 0.4652 0.4713
May 0.4676 0.4620 0.4645
June 0.4695 0.4598 0.4636
July 0.4693 0.4583 0.4619
August 0.4721 0.4546 0.4586
September 0.4606 0.4514 0.4549
October 0.4590 0.4488 0.4537
November 0.4524 0.4446 0.4478
December 0.4513 0.4431 0.4453