2024 PGK to JPY Historical Review

YEARLY HIGH

41.9648 JPY

YEARLY LOW

35.4681 JPY

YEARLY AVERAGE

38.9350 JPY

2024 PGK to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PGK to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on July 3, valuing the pair at 41.9648. Conversely, the yearly low was recorded on September 15, dropping to 35.4681.

This high-to-low spread represents a total annual volatility of 6.4967 JPY. From a start-to-finish perspective, comparing the January average rate of 39.1519 to the December average rate of 38.1023, the exchange rate registered a net change of -2.68% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 41.9648 was up 1.39% compared to the 2023 peak of 41.3903, 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 209,824 JPY

2023 Average 194,998 JPY

Yearly Trough Low 177,341 JPY

Transaction Impact: A difference of 32,483.68 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

41.1555

35.6755

JanuMarcMayJulySeptNove

PGK to JPY 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 39.9005, compared to 37.9694 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.9310 points.

H1 Avg (Jan–Jun) 39.9005

H2 Avg (Jul–Dec) 37.9694

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 3.8317 JPY (High: 41.9648 / Low: 38.1331). On the other end, May was the most stable month, with a tight range of 0.9096 JPY (High: 40.5021 / Low: 39.5926).

July Spread (Volatile) ±3.8317

May Spread (Stable) ±0.9096

Growth Streaks & Declines

Trends

Between September and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 3.1719 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -3.1719

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 40.4138) against the same month in 2023 (average: 39.5326), the exchange rate shifted by +0.8812 (+2.23%).

2024 Avg (July) 40.4138

2023 Avg (July) 39.5326

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	39.9609	37.2179	39.1519
February	40.2551	39.3001	39.6568
March	40.2905	38.4784	39.4298
April	41.0805	39.4959	40.3095
May	40.5021	39.5926	40.1561
June	41.8603	39.8679	40.6988
July	41.9648	38.1331	40.4138
August	37.9914	36.4421	37.2419
September	37.0956	35.4681	36.1322
October	38.2421	35.9733	37.7654
November	38.6382	37.0964	38.1610
December	39.5819	37.0450	38.1023