YEARLY HIGH
56.6377 GYD
YEARLY LOW
51.4759 GYD
YEARLY AVERAGE
53.7855 GYD

2024 PGK to GYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PGK to GYD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 25, valuing the pair at 56.6377. Conversely, the yearly low was recorded on December 31, dropping to 51.4759.

This high-to-low spread represents a total annual volatility of 5.1618 GYD. From a start-to-finish perspective, comparing the January average rate of 56.0539 to the December average rate of 51.7269, the exchange rate registered a net change of -7.72% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 56.6377 was down 6.59% compared to the 2023 peak of 60.6319, 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 283,189 GYD
2023 Average 291,892 GYD
Yearly Trough Low 257,380 GYD
Transaction Impact: A difference of 25,809.04 GYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

56.4866
51.2942
JanuMarcMayJulySeptNove

PGK to GYD 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 54.8668, compared to 52.7041 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.1627 points.

H1 Avg (Jan–Jun) 54.8668
H2 Avg (Jul–Dec) 52.7041

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 1.9185 GYD (High: 54.7994 / Low: 52.8809). On the other end, May was the most stable month, with a tight range of 0.5192 GYD (High: 54.2470 / Low: 53.7279).

August Spread (Volatile) ±1.9185
May Spread (Stable) ±0.5192

Growth Streaks & Declines

Trends

No 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 0.8164 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.8164

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 56.0539) against the same month in 2023 (average: 59.5230), the exchange rate shifted by -3.4690 (-5.83%).

2024 Avg (January) 56.0539
2023 Avg (January) 59.5230

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 56.6377 55.3773 56.0539
February 56.2134 54.8421 55.4775
March 56.0636 54.6455 55.1145
April 55.2902 54.1995 54.7584
May 54.2470 53.7279 53.9420
June 54.5340 53.3991 53.8547
July 54.3359 53.2483 53.6424
August 54.7994 52.8809 53.2398
September 53.4432 52.3880 52.8457
October 53.2382 52.1883 52.7327
November 52.4238 51.6305 52.0373
December 52.4930 51.4759 51.7269