YEARLY HIGH
0.0467 PGK
YEARLY LOW
0.0357 PGK
YEARLY AVERAGE
0.0420 PGK

2024 RUB to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RUB to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on June 19, valuing the pair at 0.0467. Conversely, the yearly low was recorded on November 27, dropping to 0.0357.

This high-to-low spread represents a total annual volatility of 0.0110 PGK. From a start-to-finish perspective, comparing the January average rate of 0.0418 to the December average rate of 0.0390, the exchange rate registered a net change of -6.73% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0467 was down 12.27% compared to the 2023 peak of 0.0532, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 233 PGK
2023 Average 213 PGK
Yearly Trough Low 178 PGK
Transaction Impact: A difference of 55.22 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0452
0.0384
JanuMarcMayJulySeptNove

RUB 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 0.0420, compared to 0.0420 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0420
H2 Avg (Jul–Dec) 0.0420

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0062 PGK (High: 0.0418 / Low: 0.0357). On the other end, March was the most stable month, with a tight range of 0.0015 PGK (High: 0.0421 / Low: 0.0406).

November Spread (Volatile) ±0.0062
March Spread (Stable) ±0.0015

Growth Streaks & Declines

Trends

Between April and July, 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 0.0021 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0021

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 0.0441) against the same month in 2023 (average: 0.0426), the exchange rate shifted by +0.0015 (+3.43%).

2024 Avg (June) 0.0441
2023 Avg (June) 0.0426

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0426 0.0405 0.0418
February 0.0418 0.0402 0.0411
March 0.0421 0.0406 0.0414
April 0.0420 0.0402 0.0411
May 0.0440 0.0413 0.0426
June 0.0467 0.0425 0.0441
July 0.0458 0.0433 0.0447
August 0.0463 0.0415 0.0442
September 0.0452 0.0422 0.0434
October 0.0422 0.0403 0.0412
November 0.0418 0.0357 0.0399
December 0.0408 0.0357 0.0390