YEARLY HIGH
0.2032 XDR
YEARLY LOW
0.1845 XDR
YEARLY AVERAGE
0.1936 XDR

2024 PGK to XDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PGK to XDR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 25, valuing the pair at 0.2032. Conversely, the yearly low was recorded on October 1, dropping to 0.1845.

This high-to-low spread represents a total annual volatility of 0.0187 XDR. From a start-to-finish perspective, comparing the January average rate of 0.2006 to the December average rate of 0.1886, the exchange rate registered a net change of -5.98% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2032 was down 5.07% compared to the 2023 peak of 0.2141, 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 1,016 XDR
2023 Average 1,041 XDR
Yearly Trough Low 923 XDR
Transaction Impact: A difference of 93.31 XDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2019
0.1859
JanuMarcMayJulySeptNove

PGK to XDR 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 0.1978, compared to 0.1895 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0083 points.

H1 Avg (Jan–Jun) 0.1978
H2 Avg (Jul–Dec) 0.1895

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0069 XDR (High: 0.1946 / Low: 0.1877). On the other end, May was the most stable month, with a tight range of 0.0027 XDR (High: 0.1967 / Low: 0.1940).

August Spread (Volatile) ±0.0069
May Spread (Stable) ±0.0027

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 August and September, when the average rate fell by 0.0034 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0034

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.2006) against the same month in 2023 (average: 0.2113), the exchange rate shifted by -0.0107 (-5.06%).

2024 Avg (January) 0.2006
2023 Avg (January) 0.2113

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2032 0.1971 0.2006
February 0.2026 0.1973 0.1997
March 0.2019 0.1957 0.1980
April 0.2006 0.1965 0.1981
May 0.1967 0.1940 0.1951
June 0.1978 0.1935 0.1950
July 0.1974 0.1919 0.1940
August 0.1946 0.1877 0.1906
September 0.1893 0.1853 0.1872
October 0.1902 0.1845 0.1882
November 0.1907 0.1859 0.1882
December 0.1925 0.1875 0.1886