YEARLY HIGH
29.7492 XPF
YEARLY LOW
26.8508 XPF
YEARLY AVERAGE
28.3520 XPF

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 PGK based on timing:

Yearly Peak High 148,746 XPF
2023 Average 153,159 XPF
Yearly Trough Low 134,254 XPF
Transaction Impact: A difference of 14,492.34 XPF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

29.5194
26.9096
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 28.9374
H2 Avg (Jul–Dec) 27.7665

Volatility Range Comparison

Volatility

The 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).

November Spread (Volatile) ±1.2507
May Spread (Stable) ±0.6282

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 0.6708 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.6708

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2024 Avg (January) 29.2967
2023 Avg (January) 31.4017

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