2024 PGK to LBP Historical Review

YEARLY HIGH

24064.6908 LBP

YEARLY LOW

3937.0224 LBP

YEARLY AVERAGE

20162.7469 LBP

2024 PGK to LBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PGK to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 1, valuing the pair at 24064.6908. Conversely, the yearly low was recorded on February 14, dropping to 3937.0224.

This high-to-low spread represents a total annual volatility of 20127.6685 LBP. From a start-to-finish perspective, comparing the January average rate of 4025.8415 to the December average rate of 22144.0182, the exchange rate registered a net change of 450.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 24064.6908 was up 450.29% compared to the 2023 peak of 4373.0925, 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 120,323,454 LBP

2023 Average 19,030,288 LBP

Yearly Trough Low 19,685,112 LBP

Transaction Impact: A difference of 100,638,342.29 LBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

25528.9573

2071.0127

JanuMarcMayJulySeptNove

PGK to LBP 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 17761.6548, compared to 22563.8389 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4802.1841 points.

H1 Avg (Jan–Jun) 17761.6548

H2 Avg (Jul–Dec) 22563.8389

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 19973.9840 LBP (High: 23911.0064 / Low: 3937.0224). On the other end, January was the most stable month, with a tight range of 90.4848 LBP (High: 4065.5823 / Low: 3975.0974).

February Spread (Volatile) ±19973.9840

January Spread (Stable) ±90.4848

Growth Streaks & Declines

Trends

Between January and March, 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 April and May, when the average rate fell by 343.5813 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -343.5813

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 23574.1286) against the same month in 2023 (average: 4280.4132), the exchange rate shifted by +19293.7154 (+450.74%).

2024 Avg (March) 23574.1286

2023 Avg (March) 4280.4132

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	4065.5823	3975.0974	4025.8415
February	23911.0064	3937.0224	9405.6218
March	24064.6908	23397.6612	23574.1286
April	23660.0624	23127.5467	23426.5718
May	23226.1046	22956.7483	23082.9906
June	23335.0421	22873.5632	23054.7748
July	23262.1722	22810.5092	22962.5050
August	23460.9570	22641.2571	22792.0742
September	22876.9274	22427.7258	22622.1551
October	22826.3098	22349.1772	22577.8627
November	22451.4588	22114.8620	22284.4182
December	22479.6821	22044.7138	22144.0182