2024 PLN to PGK Historical Review

YEARLY HIGH

1.0407 PGK

YEARLY LOW

0.8229 PGK

YEARLY AVERAGE

0.9779 PGK

2024 PLN to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PLN to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 25, valuing the pair at 1.0407. Conversely, the yearly low was recorded on January 1, dropping to 0.8229.

This high-to-low spread represents a total annual volatility of 0.2178 PGK. From a start-to-finish perspective, comparing the January average rate of 0.9294 to the December average rate of 0.9916, the exchange rate registered a net change of 6.70% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.0407 was up 8.36% compared to the 2023 peak of 0.9605, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 PLN based on timing:

Yearly Peak High 20,815 PGK

2023 Average 17,192 PGK

Yearly Trough Low 16,459 PGK

Transaction Impact: A difference of 4,356.10 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.0384

0.9195

JanuMarcMayJulySeptNove

PLN 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 0.9547, compared to 1.0010 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0463 points.

H1 Avg (Jan–Jun) 0.9547

H2 Avg (Jul–Dec) 1.0010

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.1218 PGK (High: 0.9448 / Low: 0.8229). On the other end, September was the most stable month, with a tight range of 0.0289 PGK (High: 1.0407 / Low: 1.0118).

January Spread (Volatile) ±0.1218

September Spread (Stable) ±0.0289

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 0.0265 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0265

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 1.0285) against the same month in 2023 (average: 0.8460), the exchange rate shifted by +0.1825 (+21.57%).

2024 Avg (September) 1.0285

2023 Avg (September) 0.8460

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9448	0.8229	0.9294
February	0.9579	0.9253	0.9417
March	0.9780	0.9364	0.9586
April	0.9741	0.9205	0.9521
May	0.9938	0.9559	0.9791
June	0.9928	0.9491	0.9675
July	1.0017	0.9577	0.9885
August	1.0309	0.9808	1.0090
September	1.0407	1.0118	1.0285
October	1.0310	0.9871	1.0020
November	1.0070	0.9668	0.9863
December	1.0035	0.9737	0.9916