2024 PGK to DOP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 PGK to DOP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the PGK to DOP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 25, valuing the pair at 15.8977. Conversely, the yearly low was recorded on November 14, dropping to 14.9201.
This high-to-low spread represents a total annual volatility of 0.9775 DOP. From a start-to-finish perspective, comparing the January average rate of 15.6953 to the December average rate of 15.0131, the exchange rate registered a net change of -4.35% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 15.8977 was down 1.98% compared to the 2023 peak of 16.2181, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 PGK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
PGK to DOP Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 15.4298, compared to 15.1213 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3085 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was August, with a trading range of 0.6250 DOP (High: 15.6101 / Low: 14.9852). On the other end, November was the most stable month, with a tight range of 0.1810 DOP (High: 15.1011 / Low: 14.9201).
Growth Streaks & Declines
TrendsNo 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 0.3844 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2024: 15.6953) against the same month in 2023 (average: 16.0631), the exchange rate shifted by -0.3678 (-2.29%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 15.8977 | 15.3391 | 15.6953 |
| February | 15.8361 | 15.3661 | 15.5586 |
| March | 15.7448 | 15.3670 | 15.5352 |
| April | 15.6459 | 15.1872 | 15.4612 |
| May | 15.2138 | 14.9856 | 15.0768 |
| June | 15.4980 | 15.0730 | 15.2518 |
| July | 15.3623 | 15.0711 | 15.1707 |
| August | 15.6101 | 14.9852 | 15.1806 |
| September | 15.3806 | 15.0606 | 15.1554 |
| October | 15.3614 | 15.0448 | 15.1991 |
| November | 15.1011 | 14.9201 | 15.0087 |
| December | 15.2670 | 14.9556 | 15.0131 |