2024 PGK to CVE Historical Review

YEARLY HIGH

27.5382 CVE

YEARLY LOW

24.7706 CVE

YEARLY AVERAGE

26.2214 CVE

2024 PGK to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PGK to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on January 25, valuing the pair at 27.5382. Conversely, the yearly low was recorded on September 25, dropping to 24.7706.

This high-to-low spread represents a total annual volatility of 2.7676 CVE. From a start-to-finish perspective, comparing the January average rate of 27.0899 to the December average rate of 26.0316, the exchange rate registered a net change of -3.91% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 27.5382 was down 7.51% compared to the 2023 peak of 29.7727, 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 137,691 CVE

2023 Average 141,788 CVE

Yearly Trough Low 123,853 CVE

Transaction Impact: A difference of 13,838.12 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

27.3098

24.9000

JanuMarcMayJulySeptNove

PGK to CVE 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 26.7604, compared to 25.6824 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.0780 points.

H1 Avg (Jan–Jun) 26.7604

H2 Avg (Jul–Dec) 25.6824

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 1.2094 CVE (High: 27.5382 / Low: 26.3288). On the other end, September was the most stable month, with a tight range of 0.6366 CVE (High: 25.4072 / Low: 24.7706).

January Spread (Volatile) ±1.2094

September Spread (Stable) ±0.6366

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 April and May, when the average rate fell by 0.5392 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.5392

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 27.0899) against the same month in 2023 (average: 29.0910), the exchange rate shifted by -2.0011 (-6.88%).

2024 Avg (January) 27.0899

2023 Avg (January) 29.0910

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	27.5382	26.3288	27.0899
February	27.5055	26.6959	27.1090
March	27.4125	26.3732	26.7365
April	27.4018	26.5019	26.8830
May	26.8819	26.0676	26.3437
June	26.7653	26.0491	26.4003
July	26.7603	25.7508	26.0844
August	26.1043	25.0381	25.5522
September	25.4072	24.7706	25.1008
October	25.8596	24.8970	25.5189
November	26.3139	25.2359	25.8065
December	26.5146	25.7749	26.0316