2024 PGK to EUR Historical Review

YEARLY HIGH

0.2493 EUR

YEARLY LOW

0.2250 EUR

YEARLY AVERAGE

0.2376 EUR

2024 PGK to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PGK to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 25, valuing the pair at 0.2493. Conversely, the yearly low was recorded on September 25, dropping to 0.2250.

This high-to-low spread represents a total annual volatility of 0.0243 EUR. From a start-to-finish perspective, comparing the January average rate of 0.2455 to the December average rate of 0.2362, the exchange rate registered a net change of -3.79% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2493 was down 7.59% compared to the 2023 peak of 0.2698, 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 1,246 EUR

2023 Average 1,283 EUR

Yearly Trough Low 1,125 EUR

Transaction Impact: A difference of 121.45 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2474

0.2255

JanuMarcMayJulySeptNove

PGK to EUR 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 0.2425, compared to 0.2327 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0098 points.

H1 Avg (Jan–Jun) 0.2425

H2 Avg (Jul–Dec) 0.2327

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0105 EUR (High: 0.2385 / Low: 0.2280). On the other end, May was the most stable month, with a tight range of 0.0053 EUR (High: 0.2418 / Low: 0.2365).

November Spread (Volatile) ±0.0105

May Spread (Stable) ±0.0053

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 0.0056 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0056

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.2455) against the same month in 2023 (average: 0.2631), the exchange rate shifted by -0.0176 (-6.70%).

2024 Avg (January) 0.2455

2023 Avg (January) 0.2631

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2493	0.2390	0.2455
February	0.2488	0.2422	0.2456
March	0.2472	0.2387	0.2422
April	0.2487	0.2406	0.2441
May	0.2418	0.2365	0.2385
June	0.2423	0.2357	0.2392
July	0.2419	0.2336	0.2363
August	0.2360	0.2265	0.2310
September	0.2307	0.2250	0.2273
October	0.2351	0.2262	0.2312
November	0.2385	0.2280	0.2340
December	0.2404	0.2336	0.2362