2024 PGK to XAF Historical Review

YEARLY HIGH

163.5291 XAF

YEARLY LOW

147.5964 XAF

YEARLY AVERAGE

155.8484 XAF

2024 PGK to XAF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PGK to XAF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 25, valuing the pair at 163.5291. Conversely, the yearly low was recorded on September 25, dropping to 147.5964.

This high-to-low spread represents a total annual volatility of 15.9326 XAF. From a start-to-finish perspective, comparing the January average rate of 161.0415 to the December average rate of 154.9455, the exchange rate registered a net change of -3.79% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 163.5291 was down 7.59% compared to the 2023 peak of 176.9689, 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 817,645 XAF

2023 Average 841,901 XAF

Yearly Trough Low 737,982 XAF

Transaction Impact: A difference of 79,663.22 XAF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

162.2660

147.9197

JanuMarcMayJulySeptNove

PGK to XAF 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 159.0668, compared to 152.6300 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 6.4368 points.

H1 Avg (Jan–Jun) 159.0668

H2 Avg (Jul–Dec) 152.6300

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 6.8751 XAF (High: 156.4262 / Low: 149.5511). On the other end, May was the most stable month, with a tight range of 3.4531 XAF (High: 158.5824 / Low: 155.1293).

November Spread (Volatile) ±6.8751

May Spread (Stable) ±3.4531

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 April and May, when the average rate fell by 3.6872 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -3.6872

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 161.0415) against the same month in 2023 (average: 172.6125), the exchange rate shifted by -11.5710 (-6.70%).

2024 Avg (January) 161.0415

2023 Avg (January) 172.6125

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	163.5291	156.7537	161.0415
February	163.1926	158.8709	161.0705
March	162.1493	156.5830	158.8604
April	163.1656	157.8052	160.1089
May	158.5824	155.1293	156.4217
June	158.9542	154.6138	156.8979
July	158.6525	153.2057	155.0023
August	154.8383	148.5574	151.5565
September	151.3144	147.5964	149.1152
October	154.2371	148.3638	151.6476
November	156.4262	149.5511	153.5128
December	157.7104	153.2555	154.9455