2024 PGK to BBD Historical Review

YEARLY HIGH

0.5408 BBD

YEARLY LOW

0.4923 BBD

YEARLY AVERAGE

0.5141 BBD

2024 PGK to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PGK to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 25, valuing the pair at 0.5408. Conversely, the yearly low was recorded on December 31, dropping to 0.4923.

This high-to-low spread represents a total annual volatility of 0.0485 BBD. From a start-to-finish perspective, comparing the January average rate of 0.5357 to the December average rate of 0.4947, the exchange rate registered a net change of -7.65% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5408 was down 6.05% compared to the 2023 peak of 0.5756, 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 2,704 BBD

2023 Average 2,778 BBD

Yearly Trough Low 2,461 BBD

Transaction Impact: A difference of 242.35 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5398

0.4906

JanuMarcMayJulySeptNove

PGK to BBD 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 0.5244, compared to 0.5039 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0205 points.

H1 Avg (Jan–Jun) 0.5244

H2 Avg (Jul–Dec) 0.5039

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0187 BBD (High: 0.5238 / Low: 0.5051). On the other end, May was the most stable month, with a tight range of 0.0055 BBD (High: 0.5188 / Low: 0.5134).

August Spread (Volatile) ±0.0187

May Spread (Stable) ±0.0055

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 0.0077 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.0077

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.5357) against the same month in 2023 (average: 0.5677), the exchange rate shifted by -0.0320 (-5.64%).

2024 Avg (January) 0.5357

2023 Avg (January) 0.5677

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5408	0.5275	0.5357
February	0.5373	0.5247	0.5301
March	0.5362	0.5223	0.5265
April	0.5296	0.5169	0.5234
May	0.5188	0.5134	0.5157
June	0.5209	0.5109	0.5148
July	0.5208	0.5092	0.5130
August	0.5238	0.5051	0.5094
September	0.5117	0.5009	0.5051
October	0.5093	0.4987	0.5038
November	0.5020	0.4936	0.4974
December	0.5014	0.4923	0.4947