2024 PGK to PYG Historical Review

YEARLY HIGH

2006.8083 PYG

YEARLY LOW

1905.7416 PYG

YEARLY AVERAGE

1941.7723 PYG

2024 PGK to PYG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PGK to PYG exchange rate experienced significant fluctuation. The market reached its absolute peak on October 20, valuing the pair at 2006.8083. Conversely, the yearly low was recorded on March 13, dropping to 1905.7416.

This high-to-low spread represents a total annual volatility of 101.0667 PYG. From a start-to-finish perspective, comparing the January average rate of 1950.4547 to the December average rate of 1930.9890, the exchange rate registered a net change of -1.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2006.8083 was down 5.10% compared to the 2023 peak of 2114.6169, 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 10,034,042 PYG

2023 Average 10,120,334 PYG

Yearly Trough Low 9,528,708 PYG

Transaction Impact: A difference of 505,333.60 PYG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1988.9071

1919.9236

JanuMarcMayJulySeptNove

PGK to PYG 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 1935.8361, compared to 1947.7085 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 11.8724 points.

H1 Avg (Jan–Jun) 1935.8361

H2 Avg (Jul–Dec) 1947.7085

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 71.9622 PYG (High: 1991.2276 / Low: 1919.2654). On the other end, May was the most stable month, with a tight range of 18.2480 PYG (High: 1945.3373 / Low: 1927.0893).

August Spread (Volatile) ±71.9622

May Spread (Stable) ±18.2480

Growth Streaks & Declines

Trends

Between August and October, 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 37.9777 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -37.9777

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 1983.1584) against the same month in 2023 (average: 1988.6106), the exchange rate shifted by -5.4521 (-0.27%).

2024 Avg (October) 1983.1584

2023 Avg (October) 1988.6106

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1973.8405	1926.6851	1950.4547
February	1960.3582	1908.2998	1931.0382
March	1959.1506	1905.7416	1925.6722
April	1955.6279	1919.5793	1935.5693
May	1945.3373	1927.0893	1934.0287
June	1961.4931	1922.3197	1938.2535
July	1960.9220	1925.9213	1936.2327
August	1991.2276	1919.2654	1930.6031
September	1993.1362	1938.9689	1960.0868
October	2006.8083	1948.7144	1983.1584
November	1980.5060	1927.4282	1945.1807
December	1951.6055	1918.7252	1930.9890