2024 PGK to TJS Historical Review

YEARLY HIGH

2.9539 TJS

YEARLY LOW

2.6307 TJS

YEARLY AVERAGE

2.7727 TJS

2024 PGK to TJS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PGK to TJS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 25, valuing the pair at 2.9539. Conversely, the yearly low was recorded on November 14, dropping to 2.6307.

This high-to-low spread represents a total annual volatility of 0.3232 TJS. From a start-to-finish perspective, comparing the January average rate of 2.9259 to the December average rate of 2.6993, the exchange rate registered a net change of -7.75% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.9539 was down 5.33% compared to the 2023 peak of 3.1203, 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 14,770 TJS

2023 Average 15,005 TJS

Yearly Trough Low 13,154 TJS

Transaction Impact: A difference of 1,615.93 TJS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.9532

2.6261

JanuMarcMayJulySeptNove

PGK to TJS 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 2.8528, compared to 2.6927 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1601 points.

H1 Avg (Jan–Jun) 2.8528

H2 Avg (Jul–Dec) 2.6927

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.1146 TJS (High: 2.7895 / Low: 2.6749). On the other end, September was the most stable month, with a tight range of 0.0496 TJS (High: 2.7157 / Low: 2.6660).

August Spread (Volatile) ±0.1146

September Spread (Stable) ±0.0496

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 April and May, when the average rate fell by 0.0644 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0644

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 2.9259) against the same month in 2023 (average: 2.9044), the exchange rate shifted by +0.0216 (+0.74%).

2024 Avg (January) 2.9259

2023 Avg (January) 2.9044

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.9539	2.8858	2.9259
February	2.9367	2.8703	2.9010
March	2.9343	2.8574	2.8811
April	2.8905	2.8303	2.8610
May	2.8299	2.7528	2.7966
June	2.8098	2.7128	2.7511
July	2.7798	2.6952	2.7284
August	2.7895	2.6749	2.7015
September	2.7157	2.6660	2.6890
October	2.7139	2.6554	2.6845
November	2.7020	2.6307	2.6534
December	2.7424	2.6831	2.6993