2024 PGK to TOP Historical Review

YEARLY HIGH

0.6396 TOP

YEARLY LOW

0.5840 TOP

YEARLY AVERAGE

0.6089 TOP

2024 PGK to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PGK to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 25, valuing the pair at 0.6396. Conversely, the yearly low was recorded on October 1, dropping to 0.5840.

This high-to-low spread represents a total annual volatility of 0.0556 TOP. From a start-to-finish perspective, comparing the January average rate of 0.6309 to the December average rate of 0.5923, the exchange rate registered a net change of -6.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.6396 was down 5.84% compared to the 2023 peak of 0.6792, 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 3,198 TOP

2023 Average 3,280 TOP

Yearly Trough Low 2,920 TOP

Transaction Impact: A difference of 277.92 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.6348

0.5883

JanuMarcMayJulySeptNove

PGK to TOP 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 0.6207, compared to 0.5972 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0234 points.

H1 Avg (Jan–Jun) 0.6207

H2 Avg (Jul–Dec) 0.5972

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0249 TOP (High: 0.6396 / Low: 0.6147). On the other end, November was the most stable month, with a tight range of 0.0086 TOP (High: 0.5996 / Low: 0.5910).

January Spread (Volatile) ±0.0249

November Spread (Stable) ±0.0086

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 0.0133 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0133

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.6309) against the same month in 2023 (average: 0.6613), the exchange rate shifted by -0.0303 (-4.59%).

2024 Avg (January) 0.6309

2023 Avg (January) 0.6613

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6396	0.6147	0.6309
February	0.6362	0.6193	0.6276
March	0.6362	0.6169	0.6235
April	0.6343	0.6165	0.6239
May	0.6188	0.6053	0.6107
June	0.6148	0.6028	0.6073
July	0.6147	0.6019	0.6069
August	0.6131	0.5905	0.6022
September	0.5995	0.5863	0.5922
October	0.6022	0.5840	0.5952
November	0.5996	0.5910	0.5947
December	0.6004	0.5894	0.5923