2024 PGK to FJD Historical Review

YEARLY HIGH

0.6085 FJD

YEARLY LOW

0.5485 FJD

YEARLY AVERAGE

0.5783 FJD

2024 PGK to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PGK to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 23, valuing the pair at 0.6085. Conversely, the yearly low was recorded on October 1, dropping to 0.5485.

This high-to-low spread represents a total annual volatility of 0.0600 FJD. From a start-to-finish perspective, comparing the January average rate of 0.5982 to the December average rate of 0.5707, the exchange rate registered a net change of -4.60% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.6085 was down 6.73% compared to the 2023 peak of 0.6524, 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 3,042 FJD

2023 Average 3,096 FJD

Yearly Trough Low 2,742 FJD

Transaction Impact: A difference of 300.07 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.6023

0.5536

JanuMarcMayJulySeptNove

PGK to FJD 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 0.5901, compared to 0.5664 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0237 points.

H1 Avg (Jan–Jun) 0.5901

H2 Avg (Jul–Dec) 0.5664

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0296 FJD (High: 0.6085 / Low: 0.5789). On the other end, November was the most stable month, with a tight range of 0.0145 FJD (High: 0.5706 / Low: 0.5561).

January Spread (Volatile) ±0.0296

November Spread (Stable) ±0.0145

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 0.0113 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0113

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.5982) against the same month in 2023 (average: 0.6182), the exchange rate shifted by -0.0200 (-3.24%).

2024 Avg (January) 0.5982

2023 Avg (January) 0.6182

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6085	0.5789	0.5982
February	0.6073	0.5864	0.5962
March	0.6046	0.5826	0.5928
April	0.6037	0.5847	0.5931
May	0.5936	0.5730	0.5818
June	0.5884	0.5721	0.5787
July	0.5887	0.5685	0.5755
August	0.5845	0.5563	0.5682
September	0.5665	0.5489	0.5576
October	0.5733	0.5485	0.5627
November	0.5706	0.5561	0.5637
December	0.5823	0.5622	0.5707