2024 PGK to LAK Historical Review

YEARLY HIGH

5783.4335 LAK

YEARLY LOW

5380.7916 LAK

YEARLY AVERAGE

5545.7473 LAK

2024 PGK to LAK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PGK to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on August 26, valuing the pair at 5783.4335. Conversely, the yearly low was recorded on December 31, dropping to 5380.7916.

This high-to-low spread represents a total annual volatility of 402.6420 LAK. From a start-to-finish perspective, comparing the January average rate of 5530.5694 to the December average rate of 5414.7232, the exchange rate registered a net change of -2.09% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 5783.4335 was up 3.21% compared to the 2023 peak of 5603.8191, 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 28,917,168 LAK

2023 Average 25,923,285 LAK

Yearly Trough Low 26,903,958 LAK

Transaction Impact: A difference of 2,013,209.79 LAK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

5703.8510

5388.4388

JanuMarcMayJulySeptNove

PGK to LAK 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 5540.6545, compared to 5550.8400 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 10.1854 points.

H1 Avg (Jan–Jun) 5540.6545

H2 Avg (Jul–Dec) 5550.8400

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 223.4911 LAK (High: 5736.5052 / Low: 5513.0141). On the other end, May was the most stable month, with a tight range of 60.8370 LAK (High: 5532.6229 / Low: 5471.7859).

June Spread (Volatile) ±223.4911

May Spread (Stable) ±60.8370

Growth Streaks & Declines

Trends

Between May and July, 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 October and November, when the average rate fell by 80.5162 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -80.5162

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 5633.8368) against the same month in 2023 (average: 5374.6092), the exchange rate shifted by +259.2277 (+4.82%).

2024 Avg (August) 5633.8368

2023 Avg (August) 5374.6092

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	5599.5674	5431.5303	5530.5694
February	5602.2987	5469.6751	5525.3867
March	5596.4397	5460.4876	5508.5761
April	5618.9841	5511.5197	5559.0624
May	5532.6229	5471.7859	5507.2907
June	5736.5052	5513.0141	5613.0419
July	5736.8174	5647.3166	5677.5666
August	5783.4335	5584.8601	5633.8368
September	5641.3791	5548.2993	5581.8620
October	5619.1576	5471.4467	5538.7837
November	5502.2778	5416.4135	5458.2675
December	5486.8547	5380.7916	5414.7232