2024 PGK to GYD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
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.
Comparing the value generated converting 5,000 PGK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
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 0.8164 points.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |