2024 PKR to PGK Historical Review

YEARLY HIGH

0.0146 PGK

YEARLY LOW

0.0132 PGK

YEARLY AVERAGE

0.0140 PGK

2024 PKR to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PKR to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.0146. Conversely, the yearly low was recorded on January 2, dropping to 0.0132.

This high-to-low spread represents a total annual volatility of 0.0014 PGK. From a start-to-finish perspective, comparing the January average rate of 0.0133 to the December average rate of 0.0145, the exchange rate registered a net change of 8.99% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0146 was down 6.15% compared to the 2023 peak of 0.0155, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 PKR based on timing:

Yearly Peak High 7,293 PGK

2023 Average 6,467 PGK

Yearly Trough Low 6,594 PGK

Transaction Impact: A difference of 699.03 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0147

0.0132

JanuMarcMayJulySeptNove

PKR 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 0.0137, compared to 0.0143 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0137

H2 Avg (Jul–Dec) 0.0143

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0005 PGK (High: 0.0142 / Low: 0.0137). On the other end, May was the most stable month, with a tight range of 0.0002 PGK (High: 0.0140 / Low: 0.0138).

August Spread (Volatile) ±0.0005

May Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0145) against the same month in 2023 (average: 0.0133), the exchange rate shifted by +0.0013 (+9.59%).

2024 Avg (December) 0.0145

2023 Avg (December) 0.0133

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0136	0.0132	0.0133
February	0.0138	0.0133	0.0135
March	0.0138	0.0133	0.0136
April	0.0139	0.0136	0.0137
May	0.0140	0.0138	0.0139
June	0.0141	0.0138	0.0140
July	0.0141	0.0138	0.0140
August	0.0142	0.0137	0.0141
September	0.0144	0.0141	0.0142
October	0.0144	0.0141	0.0143
November	0.0146	0.0144	0.0145
December	0.0146	0.0143	0.0145