2024 PGK to IDR Historical Review

YEARLY HIGH

4316.1601 IDR

YEARLY LOW

3805.1150 IDR

YEARLY AVERAGE

4078.5147 IDR

2024 PGK to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PGK to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 16, valuing the pair at 4316.1601. Conversely, the yearly low was recorded on September 29, dropping to 3805.1150.

This high-to-low spread represents a total annual volatility of 511.0452 IDR. From a start-to-finish perspective, comparing the January average rate of 4184.0812 to the December average rate of 3974.1786, the exchange rate registered a net change of -5.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 4316.1601 was down 2.69% compared to the 2023 peak of 4435.4334, 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 21,580,801 IDR

2023 Average 21,163,561 IDR

Yearly Trough Low 19,025,575 IDR

Transaction Impact: A difference of 2,555,225.80 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

4249.3454

3838.0471

JanuMarcMayJulySeptNove

PGK to IDR 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 4173.8079, compared to 3983.2214 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 190.5865 points.

H1 Avg (Jan–Jun) 4173.8079

H2 Avg (Jul–Dec) 3983.2214

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 239.7204 IDR (High: 4147.1683 / Low: 3907.4479). On the other end, June was the most stable month, with a tight range of 85.3604 IDR (High: 4252.8426 / Low: 4167.4822).

August Spread (Volatile) ±239.7204

June Spread (Stable) ±85.3604

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 July and August, when the average rate fell by 154.3153 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -154.3153

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 4215.0706) against the same month in 2023 (average: 4217.5547), the exchange rate shifted by -2.4841 (-0.06%).

2024 Avg (April) 4215.0706

2023 Avg (April) 4217.5547

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	4277.1904	4058.9832	4184.0812
February	4226.6658	4089.2798	4151.8323
March	4209.5816	4070.2678	4137.7474
April	4316.1601	4147.0438	4215.0706
May	4195.9626	4104.0558	4142.2923
June	4252.8426	4167.4822	4211.8239
July	4258.4423	4117.8842	4167.7683
August	4147.1683	3907.4479	4013.4530
September	3939.1063	3805.1150	3872.3220
October	3997.0391	3824.1707	3931.8924
November	3986.1847	3880.9707	3939.7141
December	4057.8758	3919.4236	3974.1786