2024 PHP to PGK Historical Review

YEARLY HIGH

0.0716 PGK

YEARLY LOW

0.0653 PGK

YEARLY AVERAGE

0.0679 PGK

2024 PHP to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PHP to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 19, valuing the pair at 0.0716. Conversely, the yearly low was recorded on June 7, dropping to 0.0653.

This high-to-low spread represents a total annual volatility of 0.0062 PGK. From a start-to-finish perspective, comparing the January average rate of 0.0667 to the December average rate of 0.0692, the exchange rate registered a net change of 3.72% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0716 was up 4.67% compared to the 2023 peak of 0.0684, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 PHP based on timing:

Yearly Peak High 17,890 PGK

2023 Average 16,191 PGK

Yearly Trough Low 16,333 PGK

Transaction Impact: A difference of 1,556.81 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0711

0.0657

JanuMarcMayJulySeptNove

PHP to PGK 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 0.0671, compared to 0.0688 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0018 points.

H1 Avg (Jan–Jun) 0.0671

H2 Avg (Jul–Dec) 0.0688

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0031 PGK (High: 0.0704 / Low: 0.0673). On the other end, November was the most stable month, with a tight range of 0.0011 PGK (High: 0.0690 / Low: 0.0678).

August Spread (Volatile) ±0.0031

November Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

Between June and September, 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 September and October, when the average rate fell by 0.0016 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.0707) against the same month in 2023 (average: 0.0642), the exchange rate shifted by +0.0065 (+10.11%).

2024 Avg (September) 0.0707

2023 Avg (September) 0.0642

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0684	0.0656	0.0667
February	0.0683	0.0663	0.0673
March	0.0691	0.0666	0.0679
April	0.0680	0.0658	0.0670
May	0.0677	0.0664	0.0671
June	0.0666	0.0653	0.0662
July	0.0673	0.0655	0.0667
August	0.0704	0.0673	0.0689
September	0.0716	0.0698	0.0707
October	0.0709	0.0680	0.0691
November	0.0690	0.0678	0.0685
December	0.0701	0.0682	0.0692