2024 RON to PGK Historical Review

YEARLY HIGH

0.8932 PGK

YEARLY LOW

0.8061 PGK

YEARLY AVERAGE

0.8465 PGK

2024 RON to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RON to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 25, valuing the pair at 0.8932. Conversely, the yearly low was recorded on January 25, dropping to 0.8061.

This high-to-low spread represents a total annual volatility of 0.0872 PGK. From a start-to-finish perspective, comparing the January average rate of 0.8187 to the December average rate of 0.8510, the exchange rate registered a net change of 3.94% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.8932 was up 6.46% compared to the 2023 peak of 0.8390, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,466 PGK

2023 Average 3,938 PGK

Yearly Trough Low 4,030 PGK

Transaction Impact: A difference of 435.79 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.8908

0.8121

JanuMarcMayJulySeptNove

RON 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 0.8291, compared to 0.8639 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0349 points.

H1 Avg (Jan–Jun) 0.8291

H2 Avg (Jul–Dec) 0.8639

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0394 PGK (High: 0.8816 / Low: 0.8422). On the other end, May was the most stable month, with a tight range of 0.0186 PGK (High: 0.8498 / Low: 0.8312).

November Spread (Volatile) ±0.0394

May Spread (Stable) ±0.0186

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 0.0148 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0148

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.8842) against the same month in 2023 (average: 0.7836), the exchange rate shifted by +0.1006 (+12.84%).

2024 Avg (September) 0.8842

2023 Avg (September) 0.7836

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8417	0.8061	0.8187
February	0.8300	0.8075	0.8186
March	0.8429	0.8137	0.8305
April	0.8366	0.8080	0.8237
May	0.8498	0.8312	0.8427
June	0.8526	0.8292	0.8400
July	0.8614	0.8308	0.8509
August	0.8871	0.8515	0.8696
September	0.8932	0.8716	0.8842
October	0.8886	0.8549	0.8694
November	0.8816	0.8422	0.8583
December	0.8601	0.8356	0.8510