2024 PGK to NPR Historical Review

YEARLY HIGH

36.1547 NPR

YEARLY LOW

33.3288 NPR

YEARLY AVERAGE

34.4016 NPR

2024 PGK to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PGK to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 36.1547. Conversely, the yearly low was recorded on November 14, dropping to 33.3288.

This high-to-low spread represents a total annual volatility of 2.8259 NPR. From a start-to-finish perspective, comparing the January average rate of 35.6127 to the December average rate of 33.6129, the exchange rate registered a net change of -5.62% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 36.1547 was down 4.30% compared to the 2023 peak of 37.7795, 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 180,773 NPR

2023 Average 183,423 NPR

Yearly Trough Low 166,644 NPR

Transaction Impact: A difference of 14,129.50 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

35.8178

33.3568

JanuMarcMayJulySeptNove

PGK to NPR 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 34.9055, compared to 33.8976 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.0078 points.

H1 Avg (Jan–Jun) 34.9055

H2 Avg (Jul–Dec) 33.8976

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 1.2262 NPR (High: 35.1577 / Low: 33.9315). On the other end, November was the most stable month, with a tight range of 0.4084 NPR (High: 33.7372 / Low: 33.3288).

August Spread (Volatile) ±1.2262

November Spread (Stable) ±0.4084

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 0.5057 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.5057

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 35.6127) against the same month in 2023 (average: 37.1618), the exchange rate shifted by -1.5491 (-4.17%).

2024 Avg (January) 35.6127

2023 Avg (January) 37.1618

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	36.1547	35.1783	35.6127
February	35.6363	34.8002	35.2033
March	35.5415	34.6020	34.9545
April	35.3277	34.5383	34.8968
May	34.7900	34.1865	34.3911
June	34.8558	34.1216	34.3745
July	34.7059	34.0694	34.2939
August	35.1577	33.9315	34.1574
September	34.2437	33.5145	33.8703
October	34.2424	33.5338	33.8895
November	33.7372	33.3288	33.5619
December	34.3413	33.5096	33.6129