YEARLY HIGH
0.7307 XCD
YEARLY LOW
0.6652 XCD
YEARLY AVERAGE
0.6947 XCD

2024 PGK to XCD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PGK to XCD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 25, valuing the pair at 0.7307. Conversely, the yearly low was recorded on December 31, dropping to 0.6652.

This high-to-low spread represents a total annual volatility of 0.0655 XCD. From a start-to-finish perspective, comparing the January average rate of 0.7239 to the December average rate of 0.6685, 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 0.7307 was down 6.05% compared to the 2023 peak of 0.7778, 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 3,654 XCD
2023 Average 3,754 XCD
Yearly Trough Low 3,326 XCD
Transaction Impact: A difference of 327.49 XCD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.7294
0.6630
JanuMarcMayJulySeptNove

PGK to XCD 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 0.7086, compared to 0.6809 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0277 points.

H1 Avg (Jan–Jun) 0.7086
H2 Avg (Jul–Dec) 0.6809

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0253 XCD (High: 0.7078 / Low: 0.6825). On the other end, May was the most stable month, with a tight range of 0.0074 XCD (High: 0.7011 / Low: 0.6937).

August Spread (Volatile) ±0.0253
May Spread (Stable) ±0.0074

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 0.0103 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.0103

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.7239) against the same month in 2023 (average: 0.7671), the exchange rate shifted by -0.0433 (-5.64%).

2024 Avg (January) 0.7239
2023 Avg (January) 0.7671

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7307 0.7128 0.7239
February 0.7260 0.7090 0.7163
March 0.7245 0.7057 0.7115
April 0.7156 0.6984 0.7072
May 0.7011 0.6937 0.6969
June 0.7039 0.6903 0.6957
July 0.7037 0.6880 0.6932
August 0.7078 0.6825 0.6883
September 0.6915 0.6768 0.6826
October 0.6882 0.6739 0.6808
November 0.6783 0.6670 0.6721
December 0.6776 0.6652 0.6685