2024 PGK to BND Historical Review

YEARLY HIGH

0.3623 BND

YEARLY LOW

0.3220 BND

YEARLY AVERAGE

0.3435 BND

2024 PGK to BND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PGK to BND exchange rate experienced significant fluctuation. The market reached its absolute peak on January 25, valuing the pair at 0.3623. Conversely, the yearly low was recorded on October 1, dropping to 0.3220.

This high-to-low spread represents a total annual volatility of 0.0403 BND. From a start-to-finish perspective, comparing the January average rate of 0.3576 to the December average rate of 0.3339, the exchange rate registered a net change of -6.61% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3623 was down 6.13% compared to the 2023 peak of 0.3859, 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 1,811 BND

2023 Average 1,865 BND

Yearly Trough Low 1,610 BND

Transaction Impact: A difference of 201.68 BND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3606

0.3244

JanuMarcMayJulySeptNove

PGK to BND 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 0.3530, compared to 0.3340 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0190 points.

H1 Avg (Jan–Jun) 0.3530

H2 Avg (Jul–Dec) 0.3340

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0133 BND (High: 0.3623 / Low: 0.3489). On the other end, June was the most stable month, with a tight range of 0.0063 BND (High: 0.3522 / Low: 0.3459).

January Spread (Volatile) ±0.0133

June Spread (Stable) ±0.0063

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 July and August, when the average rate fell by 0.0102 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0102

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.3576) against the same month in 2023 (average: 0.3767), the exchange rate shifted by -0.0191 (-5.06%).

2024 Avg (January) 0.3576

2023 Avg (January) 0.3767

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3623	0.3489	0.3576
February	0.3612	0.3521	0.3564
March	0.3608	0.3483	0.3529
April	0.3604	0.3515	0.3549
May	0.3536	0.3463	0.3484
June	0.3522	0.3459	0.3480
July	0.3529	0.3423	0.3453
August	0.3412	0.3295	0.3351
September	0.3318	0.3221	0.3274
October	0.3343	0.3220	0.3301
November	0.3357	0.3282	0.3323
December	0.3410	0.3313	0.3339