2024 PGK to SEK Historical Review

YEARLY HIGH

2.8919 SEK

YEARLY LOW

2.5375 SEK

YEARLY AVERAGE

2.7179 SEK

2024 PGK to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PGK to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 16, valuing the pair at 2.8919. Conversely, the yearly low was recorded on September 29, dropping to 2.5375.

This high-to-low spread represents a total annual volatility of 0.3544 SEK. From a start-to-finish perspective, comparing the January average rate of 2.7713 to the December average rate of 2.7197, the exchange rate registered a net change of -1.86% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.8919 was down 7.18% compared to the 2023 peak of 3.1158, 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 14,460 SEK

2023 Average 14,738 SEK

Yearly Trough Low 12,687 SEK

Transaction Impact: A difference of 1,772.12 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.8570

2.5567

JanuMarcMayJulySeptNove

PGK to SEK 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 2.7652, compared to 2.6705 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0948 points.

H1 Avg (Jan–Jun) 2.7652

H2 Avg (Jul–Dec) 2.6705

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.1667 SEK (High: 2.8238 / Low: 2.6571). On the other end, December was the most stable month, with a tight range of 0.0740 SEK (High: 2.7582 / Low: 2.6842).

January Spread (Volatile) ±0.1667

December Spread (Stable) ±0.0740

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0796 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0796

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 2.8319) against the same month in 2023 (average: 2.9345), the exchange rate shifted by -0.1025 (-3.49%).

2024 Avg (April) 2.8319

2023 Avg (April) 2.9345

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.8238	2.6571	2.7713
February	2.8411	2.7081	2.7662
March	2.8120	2.6727	2.7450
April	2.8919	2.7565	2.8319
May	2.8300	2.7038	2.7716
June	2.7528	2.6663	2.7053
July	2.7985	2.6832	2.7271
August	2.7327	2.5701	2.6474
September	2.6376	2.5375	2.5817
October	2.6855	2.5720	2.6392
November	2.7499	2.6444	2.7078
December	2.7582	2.6842	2.7197