2024 PGK to CAD Historical Review

YEARLY HIGH

0.3652 CAD

YEARLY LOW

0.3377 CAD

YEARLY AVERAGE

0.3522 CAD

2024 PGK to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PGK to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 16, valuing the pair at 0.3652. Conversely, the yearly low was recorded on September 25, dropping to 0.3377.

This high-to-low spread represents a total annual volatility of 0.0275 CAD. From a start-to-finish perspective, comparing the January average rate of 0.3594 to the December average rate of 0.3528, the exchange rate registered a net change of -1.84% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3652 was down 7.86% compared to the 2023 peak of 0.3963, 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 1,826 CAD

2023 Average 1,875 CAD

Yearly Trough Low 1,688 CAD

Transaction Impact: A difference of 137.40 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3611

0.3405

JanuMarcMayJulySeptNove

PGK to CAD 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 0.3561, compared to 0.3482 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0079 points.

H1 Avg (Jan–Jun) 0.3561

H2 Avg (Jul–Dec) 0.3482

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0154 CAD (High: 0.3558 / Low: 0.3404). On the other end, May was the most stable month, with a tight range of 0.0055 CAD (High: 0.3558 / Low: 0.3503).

August Spread (Volatile) ±0.0154

May Spread (Stable) ±0.0055

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 August and September, when the average rate fell by 0.0059 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0059

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.3580) against the same month in 2023 (average: 0.3833), the exchange rate shifted by -0.0253 (-6.61%).

2024 Avg (April) 0.3580

2023 Avg (April) 0.3833

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3645	0.3493	0.3594
February	0.3630	0.3538	0.3577
March	0.3640	0.3521	0.3565
April	0.3652	0.3529	0.3580
May	0.3558	0.3503	0.3524
June	0.3588	0.3494	0.3528
July	0.3572	0.3482	0.3518
August	0.3558	0.3404	0.3481
September	0.3471	0.3377	0.3422
October	0.3513	0.3377	0.3467
November	0.3514	0.3449	0.3478
December	0.3615	0.3468	0.3528