2024 PGK to CDF Historical Review

YEARLY HIGH

742.6174 CDF

YEARLY LOW

700.9503 CDF

YEARLY AVERAGE

723.4551 CDF

2024 PGK to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PGK to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 1, valuing the pair at 742.6174. Conversely, the yearly low was recorded on December 26, dropping to 700.9503.

This high-to-low spread represents a total annual volatility of 41.6670 CDF. From a start-to-finish perspective, comparing the January average rate of 729.0415 to the December average rate of 706.0046, the exchange rate registered a net change of -3.16% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 742.6174 was down 0.82% compared to the 2023 peak of 748.7503, 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 3,713,087 CDF

2023 Average 3,239,617 CDF

Yearly Trough Low 3,504,752 CDF

Transaction Impact: A difference of 208,335.23 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

733.0333

703.5474

JanuMarcMayJulySeptNove

PGK to CDF 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 728.3834, compared to 718.5268 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 9.8566 points.

H1 Avg (Jan–Jun) 728.3834

H2 Avg (Jul–Dec) 718.5268

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 31.5045 CDF (High: 742.2770 / Low: 710.7725). On the other end, May was the most stable month, with a tight range of 7.7582 CDF (High: 725.6387 / Low: 717.8805).

January Spread (Volatile) ±31.5045

May Spread (Stable) ±7.7582

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 9.6723 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -9.6723

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 730.3768) against the same month in 2023 (average: 587.1755), the exchange rate shifted by +143.2013 (+24.39%).

2024 Avg (March) 730.3768

2023 Avg (March) 587.1755

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	742.2770	710.7725	729.0415
February	740.9104	723.1339	730.5761
March	742.6174	724.8852	730.3768
April	738.0705	721.4931	730.5053
May	725.6387	717.8805	720.8330
June	738.6730	717.8012	728.9675
July	741.0227	722.1367	729.3896
August	742.5328	717.8577	725.5975
September	728.4513	713.5821	719.3590
October	731.5150	710.1334	719.3300
November	716.1072	707.3794	711.4800
December	714.1545	700.9503	706.0046