2024 PGK to WST Historical Review

YEARLY HIGH

0.7571 WST

YEARLY LOW

0.6892 WST

YEARLY AVERAGE

0.7198 WST

2024 PGK to WST Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PGK to WST exchange rate experienced significant fluctuation. The market reached its absolute peak on January 25, valuing the pair at 0.7571. Conversely, the yearly low was recorded on December 31, dropping to 0.6892.

This high-to-low spread represents a total annual volatility of 0.0679 WST. From a start-to-finish perspective, comparing the January average rate of 0.7500 to the December average rate of 0.6926, the exchange rate registered a net change of -7.65% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.7571 was down 3.11% compared to the 2023 peak of 0.7814, 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 3,785 WST

2023 Average 3,794 WST

Yearly Trough Low 3,446 WST

Transaction Impact: A difference of 339.30 WST purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.7557

0.6869

JanuMarcMayJulySeptNove

PGK to WST 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 0.7341, compared to 0.7055 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0287 points.

H1 Avg (Jan–Jun) 0.7341

H2 Avg (Jul–Dec) 0.7055

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0262 WST (High: 0.7333 / Low: 0.7071). On the other end, May was the most stable month, with a tight range of 0.0077 WST (High: 0.7264 / Low: 0.7187).

August Spread (Volatile) ±0.0262

May Spread (Stable) ±0.0077

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 0.0107 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.0107

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.7500) against the same month in 2023 (average: 0.7657), the exchange rate shifted by -0.0157 (-2.05%).

2024 Avg (January) 0.7500

2023 Avg (January) 0.7657

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7571	0.7385	0.7500
February	0.7522	0.7346	0.7422
March	0.7507	0.7312	0.7372
April	0.7414	0.7236	0.7327
May	0.7264	0.7187	0.7220
June	0.7293	0.7152	0.7207
July	0.7291	0.7129	0.7181
August	0.7333	0.7071	0.7131
September	0.7164	0.7012	0.7072
October	0.7130	0.6982	0.7054
November	0.7028	0.6911	0.6964
December	0.7020	0.6892	0.6926