2024 PGK to XPF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 PGK to XPF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the PGK to XPF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 25, valuing the pair at 29.7492. Conversely, the yearly low was recorded on September 25, dropping to 26.8508.
This high-to-low spread represents a total annual volatility of 2.8985 XPF. From a start-to-finish perspective, comparing the January average rate of 29.2967 to the December average rate of 28.1877, 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 29.7492 was down 7.59% compared to the 2023 peak of 32.1942, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 PGK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
PGK to XPF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 28.9374, compared to 27.7665 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.1710 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was November, with a trading range of 1.2507 XPF (High: 28.4571 / Low: 27.2064). On the other end, May was the most stable month, with a tight range of 0.6282 XPF (High: 28.8493 / Low: 28.2211).
Growth Streaks & Declines
TrendsBetween 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 0.6708 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2024: 29.2967) against the same month in 2023 (average: 31.4017), the exchange rate shifted by -2.1050 (-6.70%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 29.7492 | 28.5166 | 29.2967 |
| February | 29.6880 | 28.9018 | 29.3019 |
| March | 29.4982 | 28.4856 | 28.8999 |
| April | 29.6831 | 28.7079 | 29.1270 |
| May | 28.8493 | 28.2211 | 28.4563 |
| June | 28.9170 | 28.1274 | 28.5429 |
| July | 28.8621 | 27.8712 | 28.1980 |
| August | 28.1682 | 27.0256 | 27.5712 |
| September | 27.5271 | 26.8508 | 27.1270 |
| October | 28.0588 | 26.9904 | 27.5878 |
| November | 28.4571 | 27.2064 | 27.9271 |
| December | 28.6907 | 27.8802 | 28.1877 |