2024 PGK to KWD Historical Review

YEARLY HIGH

0.0832 KWD

YEARLY LOW

0.0759 KWD

YEARLY AVERAGE

0.0789 KWD

2024 PGK to KWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PGK to KWD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 25, valuing the pair at 0.0832. Conversely, the yearly low was recorded on December 30, dropping to 0.0759.

This high-to-low spread represents a total annual volatility of 0.0073 KWD. From a start-to-finish perspective, comparing the January average rate of 0.0824 to the December average rate of 0.0761, the exchange rate registered a net change of -7.60% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0832 was down 5.00% compared to the 2023 peak of 0.0876, 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 416 KWD

2023 Average 427 KWD

Yearly Trough Low 379 KWD

Transaction Impact: A difference of 36.59 KWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0830

0.0755

JanuMarcMayJulySeptNove

PGK to KWD 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 0.0806, compared to 0.0772 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0034 points.

H1 Avg (Jan–Jun) 0.0806

H2 Avg (Jul–Dec) 0.0772

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0029 KWD (High: 0.0800 / Low: 0.0771). On the other end, November was the most stable month, with a tight range of 0.0010 KWD (High: 0.0769 / Low: 0.0759).

August Spread (Volatile) ±0.0029

November Spread (Stable) ±0.0010

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 April and May, when the average rate fell by 0.0014 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0824) against the same month in 2023 (average: 0.0867), the exchange rate shifted by -0.0044 (-5.02%).

2024 Avg (January) 0.0824

2023 Avg (January) 0.0867

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0832	0.0812	0.0824
February	0.0826	0.0806	0.0816
March	0.0825	0.0803	0.0809
April	0.0814	0.0796	0.0806
May	0.0799	0.0787	0.0792
June	0.0799	0.0783	0.0789
July	0.0796	0.0778	0.0784
August	0.0800	0.0771	0.0778
September	0.0780	0.0765	0.0771
October	0.0781	0.0763	0.0772
November	0.0769	0.0759	0.0764
December	0.0772	0.0759	0.0761