2024 PGK to BTN Historical Review

YEARLY HIGH

22.5967 BTN

YEARLY LOW

20.8296 BTN

YEARLY AVERAGE

21.5010 BTN

2024 PGK to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PGK to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 22.5967. Conversely, the yearly low was recorded on November 14, dropping to 20.8296.

This high-to-low spread represents a total annual volatility of 1.7671 BTN. From a start-to-finish perspective, comparing the January average rate of 22.2585 to the December average rate of 21.0130, the exchange rate registered a net change of -5.60% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 22.5967 was down 4.30% compared to the 2023 peak of 23.6121, 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 112,983 BTN

2023 Average 114,639 BTN

Yearly Trough Low 104,148 BTN

Transaction Impact: A difference of 8,835.33 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

22.3867

20.8487

JanuMarcMayJulySeptNove

PGK to BTN 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 21.8152, compared to 21.1867 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6286 points.

H1 Avg (Jan–Jun) 21.8152

H2 Avg (Jul–Dec) 21.1867

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.7663 BTN (High: 21.9735 / Low: 21.2072). On the other end, November was the most stable month, with a tight range of 0.2548 BTN (High: 21.0844 / Low: 20.8296).

August Spread (Volatile) ±0.7663

November Spread (Stable) ±0.2548

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 0.3180 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.3180

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 22.2585) against the same month in 2023 (average: 23.2259), the exchange rate shifted by -0.9674 (-4.17%).

2024 Avg (January) 22.2585

2023 Avg (January) 23.2259

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	22.5967	21.9864	22.2585
February	22.2726	21.7498	21.9969
March	22.2134	21.6263	21.8452
April	22.0798	21.5864	21.8106
May	21.7437	21.3336	21.4925
June	21.7852	21.3261	21.4877
July	21.6912	21.2934	21.4335
August	21.9735	21.2072	21.3485
September	21.4023	20.9468	21.1673
October	21.4015	20.9587	21.1809
November	21.0844	20.8296	20.9768
December	21.4755	20.9435	21.0130