2024 PGK to KRW Historical Review

YEARLY HIGH

369.5081 KRW

YEARLY LOW

329.6530 KRW

YEARLY AVERAGE

350.4500 KRW

2024 PGK to KRW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PGK to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 369.5081. Conversely, the yearly low was recorded on September 29, dropping to 329.6530.

This high-to-low spread represents a total annual volatility of 39.8551 KRW. From a start-to-finish perspective, comparing the January average rate of 354.8259 to the December average rate of 356.3822, the exchange rate registered a net change of 0.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 369.5081 was down 3.69% compared to the 2023 peak of 383.6513, 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 1,847,540 KRW

2023 Average 1,813,969 KRW

Yearly Trough Low 1,648,265 KRW

Transaction Impact: A difference of 199,275.28 KRW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

360.7546

333.6758

JanuMarcMayJulySeptNove

PGK to KRW 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 354.1036, compared to 346.7964 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 7.3072 points.

H1 Avg (Jan–Jun) 354.1036

H2 Avg (Jul–Dec) 346.7964

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 23.5441 KRW (High: 361.3021 / Low: 337.7580). On the other end, November was the most stable month, with a tight range of 8.1951 KRW (High: 350.7415 / Low: 342.5464).

January Spread (Volatile) ±23.5441

November Spread (Stable) ±8.1951

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 10.6817 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -10.6817

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 356.3822) against the same month in 2023 (average: 347.9064), the exchange rate shifted by +8.4758 (+2.44%).

2024 Avg (December) 356.3822

2023 Avg (December) 347.9064

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	361.3021	337.7580	354.8259
February	359.6857	348.3719	353.1929
March	357.7861	343.5636	350.8143
April	367.6993	351.3514	358.4980
May	357.0594	347.0708	351.6773
June	359.5258	351.1209	355.6133
July	360.1569	348.5208	354.5493
August	352.8875	335.9866	343.8676
September	341.7501	329.6530	335.9324
October	349.1524	331.9513	343.1003
November	350.7415	342.5464	346.9469
December	369.5081	347.5173	356.3822