2024 PGK to SDG Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 PGK to SDG Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the PGK to SDG exchange rate experienced significant fluctuation. The market reached its absolute peak on January 25, valuing the pair at 162.4983. Conversely, the yearly low was recorded on May 2, dropping to 147.8025.
This high-to-low spread represents a total annual volatility of 14.6958 SDG. From a start-to-finish perspective, comparing the January average rate of 160.9768 to the December average rate of 148.7858, the exchange rate registered a net change of -7.57% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 162.4983 was down 5.46% compared to the 2023 peak of 171.8758, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 PGK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
PGK to SDG Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 156.2097, compared to 151.2626 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.9471 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was May, with a trading range of 7.9762 SDG (High: 155.7786 / Low: 147.8025). On the other end, November was the most stable month, with a tight range of 2.5162 SDG (High: 150.9770 / Low: 148.4608).
Growth Streaks & Declines
TrendsNo 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 2.9685 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2024: 160.9768) against the same month in 2023 (average: 163.7408), the exchange rate shifted by -2.7640 (-1.69%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 162.4983 | 158.5087 | 160.9768 |
| February | 161.4571 | 157.6780 | 159.2779 |
| March | 161.1238 | 153.2126 | 156.3094 |
| April | 156.9558 | 151.4388 | 153.4736 |
| May | 155.7786 | 147.8025 | 154.4488 |
| June | 156.3314 | 150.2481 | 152.7716 |
| July | 156.4864 | 149.2598 | 152.5470 |
| August | 157.5358 | 151.8990 | 153.1977 |
| September | 153.9072 | 150.6321 | 151.9143 |
| October | 153.1599 | 149.9779 | 151.5323 |
| November | 150.9770 | 148.4608 | 149.5984 |
| December | 150.8071 | 148.0559 | 148.7858 |