YEARLY HIGH
0.2704 BSD
YEARLY LOW
0.2461 BSD
YEARLY AVERAGE
0.2571 BSD

2024 PGK to BSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PGK to BSD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 25, valuing the pair at 0.2704. Conversely, the yearly low was recorded on December 31, dropping to 0.2461.

This high-to-low spread represents a total annual volatility of 0.0242 BSD. From a start-to-finish perspective, comparing the January average rate of 0.2678 to the December average rate of 0.2474, 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 0.2704 was down 6.05% compared to the 2023 peak of 0.2878, 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 1,352 BSD
2023 Average 1,389 BSD
Yearly Trough Low 1,231 BSD
Transaction Impact: A difference of 121.18 BSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2699
0.2453
JanuMarcMayJulySeptNove

PGK to BSD 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 0.2622, compared to 0.2520 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0102 points.

H1 Avg (Jan–Jun) 0.2622
H2 Avg (Jul–Dec) 0.2520

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0094 BSD (High: 0.2619 / Low: 0.2525). On the other end, May was the most stable month, with a tight range of 0.0027 BSD (High: 0.2594 / Low: 0.2567).

August Spread (Volatile) ±0.0094
May Spread (Stable) ±0.0027

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 0.0038 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.0038

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.2678) against the same month in 2023 (average: 0.2839), the exchange rate shifted by -0.0160 (-5.64%).

2024 Avg (January) 0.2678
2023 Avg (January) 0.2839

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2704 0.2637 0.2678
February 0.2686 0.2624 0.2651
March 0.2681 0.2611 0.2633
April 0.2648 0.2584 0.2617
May 0.2594 0.2567 0.2579
June 0.2605 0.2554 0.2574
July 0.2604 0.2546 0.2565
August 0.2619 0.2525 0.2547
September 0.2559 0.2504 0.2526
October 0.2546 0.2493 0.2519
November 0.2510 0.2468 0.2487
December 0.2507 0.2461 0.2474