2024 PGK to VND Historical Review

YEARLY HIGH

6707.6036 VND

YEARLY LOW

6158.6097 VND

YEARLY AVERAGE

6439.5789 VND

2024 PGK to VND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PGK to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on April 21, valuing the pair at 6707.6036. Conversely, the yearly low was recorded on October 1, dropping to 6158.6097.

This high-to-low spread represents a total annual volatility of 548.9939 VND. From a start-to-finish perspective, comparing the January average rate of 6557.2392 to the December average rate of 6288.0902, the exchange rate registered a net change of -4.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 6707.6036 was down 1.22% compared to the 2023 peak of 6790.3345, 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 33,538,018 VND

2023 Average 33,095,503 VND

Yearly Trough Low 30,793,048 VND

Transaction Impact: A difference of 2,744,969.59 VND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

6626.2180

6187.4021

JanuMarcMayJulySeptNove

PGK to VND 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 6543.1552, compared to 6336.0027 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 207.1525 points.

H1 Avg (Jan–Jun) 6543.1552

H2 Avg (Jul–Dec) 6336.0027

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 255.8367 VND (High: 6414.4464 / Low: 6158.6097). On the other end, May was the most stable month, with a tight range of 60.3574 VND (High: 6593.3406 / Low: 6532.9831).

October Spread (Volatile) ±255.8367

May Spread (Stable) ±60.3574

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 152.9556 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -152.9556

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 6589.6500) against the same month in 2023 (average: 6655.9280), the exchange rate shifted by -66.2779 (-1.00%).

2024 Avg (April) 6589.6500

2023 Avg (April) 6655.9280

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	6654.6862	6400.7191	6557.2392
February	6586.1951	6418.3162	6492.9855
March	6609.8310	6452.4929	6508.9789
April	6707.6036	6475.6929	6589.6500
May	6593.3406	6532.9831	6560.4614
June	6621.3293	6502.7459	6549.6161
July	6617.7828	6427.7807	6508.0748
August	6514.2409	6281.7750	6376.9257
September	6303.7468	6159.8223	6223.9701
October	6414.4464	6158.6097	6310.2686
November	6354.4998	6267.8036	6308.6866
December	6382.0375	6265.8940	6288.0902