2024 PGK to KES Historical Review

YEARLY HIGH

44.2071 KES

YEARLY LOW

31.8195 KES

YEARLY AVERAGE

34.6914 KES

2024 PGK to KES Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PGK to KES exchange rate experienced significant fluctuation. The market reached its absolute peak on January 25, valuing the pair at 44.2071. Conversely, the yearly low was recorded on December 30, dropping to 31.8195.

This high-to-low spread represents a total annual volatility of 12.3876 KES. From a start-to-finish perspective, comparing the January average rate of 42.7967 to the December average rate of 31.9878, the exchange rate registered a net change of -25.26% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 44.2071 was up 4.65% compared to the 2023 peak of 42.2440, 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 221,036 KES

2023 Average 194,037 KES

Yearly Trough Low 159,097 KES

Transaction Impact: A difference of 61,938.17 KES purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

43.8776

30.9070

JanuMarcMayJulySeptNove

PGK to KES 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 36.8492, compared to 32.5335 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.3157 points.

H1 Avg (Jan–Jun) 36.8492

H2 Avg (Jul–Dec) 32.5335

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 5.9784 KES (High: 43.5606 / Low: 37.5822). On the other end, November was the most stable month, with a tight range of 0.3899 KES (High: 32.3528 / Low: 31.9629).

February Spread (Volatile) ±5.9784

November Spread (Stable) ±0.3899

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 February and March, when the average rate fell by 4.2308 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -4.2308

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 42.7967) against the same month in 2023 (average: 35.1841), the exchange rate shifted by +7.6126 (+21.64%).

2024 Avg (January) 42.7967

2023 Avg (January) 35.1841

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	44.2071	41.5234	42.7967
February	43.5606	37.5822	40.4399
March	39.4097	34.4918	36.2092
April	35.3901	33.2260	34.3618
May	34.9752	32.9487	33.9203
June	33.9871	32.8225	33.3672
July	33.7359	32.5668	33.0971
August	33.7865	32.5768	32.8964
September	32.9680	32.3069	32.5667
October	32.9081	32.1574	32.5064
November	32.3528	31.9629	32.1468
December	32.4053	31.8195	31.9878