2024 PGK to PEN Historical Review

YEARLY HIGH

1.0347 PEN

YEARLY LOW

0.9175 PEN

YEARLY AVERAGE

0.9648 PEN

2024 PGK to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PGK to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 16, valuing the pair at 1.0347. Conversely, the yearly low was recorded on December 26, dropping to 0.9175.

This high-to-low spread represents a total annual volatility of 0.1172 PEN. From a start-to-finish perspective, comparing the January average rate of 0.9994 to the December average rate of 0.9231, the exchange rate registered a net change of -7.64% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.0347 was down 6.48% compared to the 2023 peak of 1.1064, 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 5,173 PEN

2023 Average 5,194 PEN

Yearly Trough Low 4,587 PEN

Transaction Impact: A difference of 586.15 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.0240

0.9139

JanuMarcMayJulySeptNove

PGK to PEN 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 0.9834, compared to 0.9462 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0373 points.

H1 Avg (Jan–Jun) 0.9834

H2 Avg (Jul–Dec) 0.9462

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0541 PEN (High: 1.0147 / Low: 0.9606). On the other end, November was the most stable month, with a tight range of 0.0180 PEN (High: 0.9465 / Low: 0.9285).

March Spread (Volatile) ±0.0541

November Spread (Stable) ±0.0180

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 February and March, when the average rate fell by 0.0368 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0368

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 1.0149) against the same month in 2023 (average: 1.0875), the exchange rate shifted by -0.0726 (-6.68%).

2024 Avg (February) 1.0149

2023 Avg (February) 1.0875

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0205	0.9767	0.9994
February	1.0347	0.9935	1.0149
March	1.0147	0.9606	0.9781
April	0.9918	0.9622	0.9723
May	0.9753	0.9510	0.9621
June	0.9962	0.9588	0.9738
July	0.9985	0.9489	0.9654
August	0.9818	0.9428	0.9513
September	0.9705	0.9345	0.9520
October	0.9593	0.9275	0.9449
November	0.9465	0.9285	0.9403
December	0.9393	0.9175	0.9231