2024 PGK to DKK Historical Review

YEARLY HIGH

1.8583 DKK

YEARLY LOW

1.6781 DKK

YEARLY AVERAGE

1.7725 DKK

2024 PGK to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PGK to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 25, valuing the pair at 1.8583. Conversely, the yearly low was recorded on September 25, dropping to 1.6781.

This high-to-low spread represents a total annual volatility of 0.1801 DKK. From a start-to-finish perspective, comparing the January average rate of 1.8312 to the December average rate of 1.7619, the exchange rate registered a net change of -3.78% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.8583 was down 7.50% compared to the 2023 peak of 2.0088, 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 9,291 DKK

2023 Average 9,569 DKK

Yearly Trough Low 8,391 DKK

Transaction Impact: A difference of 900.74 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.8447

1.6826

JanuMarcMayJulySeptNove

PGK to DKK 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 1.8089, compared to 1.7361 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0728 points.

H1 Avg (Jan–Jun) 1.8089

H2 Avg (Jul–Dec) 1.7361

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0781 DKK (High: 1.7784 / Low: 1.7003). On the other end, May was the most stable month, with a tight range of 0.0382 DKK (High: 1.8030 / Low: 1.7648).

November Spread (Volatile) ±0.0781

May Spread (Stable) ±0.0382

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 0.0417 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0417

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 1.8312) against the same month in 2023 (average: 1.9580), the exchange rate shifted by -0.1269 (-6.48%).

2024 Avg (January) 1.8312

2023 Avg (January) 1.9580

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.8583	1.7816	1.8312
February	1.8561	1.8070	1.8308
March	1.8437	1.7800	1.8066
April	1.8559	1.7944	1.8210
May	1.8030	1.7648	1.7793
June	1.8078	1.7580	1.7845
July	1.8040	1.7424	1.7634
August	1.7614	1.6896	1.7243
September	1.7213	1.6781	1.6961
October	1.7538	1.6870	1.7247
November	1.7784	1.7003	1.7460
December	1.7933	1.7424	1.7619