2024 PGK to SBD Historical Review

YEARLY HIGH

2.2904 SBD

YEARLY LOW

2.0636 SBD

YEARLY AVERAGE

2.1656 SBD

2024 PGK to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PGK to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 12, valuing the pair at 2.2904. Conversely, the yearly low was recorded on December 31, dropping to 2.0636.

This high-to-low spread represents a total annual volatility of 0.2269 SBD. From a start-to-finish perspective, comparing the January average rate of 2.2555 to the December average rate of 2.0727, the exchange rate registered a net change of -8.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.2904 was down 4.15% compared to the 2023 peak of 2.3896, 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 11,452 SBD

2023 Average 11,590 SBD

Yearly Trough Low 10,318 SBD

Transaction Impact: A difference of 1,134.40 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.2738

2.0544

JanuMarcMayJulySeptNove

PGK to SBD 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 2.2183, compared to 2.1130 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1053 points.

H1 Avg (Jan–Jun) 2.2183

H2 Avg (Jul–Dec) 2.1130

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0932 SBD (High: 2.2904 / Low: 2.1973). On the other end, May was the most stable month, with a tight range of 0.0227 SBD (High: 2.2003 / Low: 2.1777).

March Spread (Volatile) ±0.0932

May Spread (Stable) ±0.0227

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 August and September, when the average rate fell by 0.0531 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.0531

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 2.2289) against the same month in 2023 (average: 2.3367), the exchange rate shifted by -0.1078 (-4.61%).

2024 Avg (March) 2.2289

2023 Avg (March) 2.3367

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.2810	2.2222	2.2555
February	2.2684	2.2149	2.2406
March	2.2904	2.1973	2.2289
April	2.2504	2.1902	2.2188
May	2.2003	2.1777	2.1879
June	2.2094	2.1595	2.1781
July	2.1965	2.1401	2.1671
August	2.2103	2.1272	2.1596
September	2.1426	2.0792	2.1064
October	2.1238	2.0718	2.0928
November	2.0979	2.0684	2.0794
December	2.1019	2.0636	2.0727