2024 PGK to GBP Historical Review

YEARLY HIGH

0.2130 GBP

YEARLY LOW

0.1876 GBP

YEARLY AVERAGE

0.2012 GBP

2024 PGK to GBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PGK to GBP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.2130. Conversely, the yearly low was recorded on September 26, dropping to 0.1876.

This high-to-low spread represents a total annual volatility of 0.0254 GBP. From a start-to-finish perspective, comparing the January average rate of 0.2108 to the December average rate of 0.1958, the exchange rate registered a net change of -7.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2130 was down 11.21% compared to the 2023 peak of 0.2400, 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 1,065 GBP

2023 Average 1,117 GBP

Yearly Trough Low 938 GBP

Transaction Impact: A difference of 127.14 GBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2127

0.1891

JanuMarcMayJulySeptNove

PGK to GBP 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 0.2073, compared to 0.1952 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0121 points.

H1 Avg (Jan–Jun) 0.2073

H2 Avg (Jul–Dec) 0.1952

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0113 GBP (High: 0.2023 / Low: 0.1910). On the other end, June was the most stable month, with a tight range of 0.0050 GBP (High: 0.2056 / Low: 0.2006).

August Spread (Volatile) ±0.0113

June Spread (Stable) ±0.0050

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 August and September, when the average rate fell by 0.0057 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0057

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.2108) against the same month in 2023 (average: 0.2319), the exchange rate shifted by -0.0211 (-9.10%).

2024 Avg (January) 0.2108

2023 Avg (January) 0.2319

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2130	0.2072	0.2108
February	0.2126	0.2069	0.2098
March	0.2118	0.2037	0.2072
April	0.2130	0.2061	0.2092
May	0.2067	0.2012	0.2041
June	0.2056	0.2006	0.2026
July	0.2054	0.1964	0.1993
August	0.2023	0.1910	0.1968
September	0.1946	0.1876	0.1911
October	0.1956	0.1885	0.1931
November	0.1988	0.1911	0.1951
December	0.1994	0.1934	0.1958