YEARLY HIGH
0.4846 PGK
YEARLY LOW
0.4366 PGK
YEARLY AVERAGE
0.4622 PGK

2024 SBD to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SBD to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.4846. Conversely, the yearly low was recorded on March 12, dropping to 0.4366.

This high-to-low spread represents a total annual volatility of 0.0480 PGK. From a start-to-finish perspective, comparing the January average rate of 0.4434 to the December average rate of 0.4825, the exchange rate registered a net change of 8.82% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4846 was up 7.67% compared to the 2023 peak of 0.4501, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,423 PGK
2023 Average 2,158 PGK
Yearly Trough Low 2,183 PGK
Transaction Impact: A difference of 240.01 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4864
0.4395
JanuMarcMayJulySeptNove

SBD 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 0.4509, compared to 0.4734 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0225 points.

H1 Avg (Jan–Jun) 0.4509
H2 Avg (Jul–Dec) 0.4734

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0185 PGK (High: 0.4551 / Low: 0.4366). On the other end, May was the most stable month, with a tight range of 0.0047 PGK (High: 0.4592 / Low: 0.4545).

March Spread (Volatile) ±0.0185
May Spread (Stable) ±0.0047

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: 0.4825) against the same month in 2023 (average: 0.4423), the exchange rate shifted by +0.0402 (+9.08%).

2024 Avg (December) 0.4825
2023 Avg (December) 0.4423

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4500 0.4384 0.4434
February 0.4515 0.4408 0.4463
March 0.4551 0.4366 0.4487
April 0.4566 0.4444 0.4507
May 0.4592 0.4545 0.4571
June 0.4631 0.4526 0.4591
July 0.4673 0.4553 0.4615
August 0.4701 0.4524 0.4631
September 0.4809 0.4667 0.4748
October 0.4827 0.4708 0.4779
November 0.4835 0.4767 0.4809
December 0.4846 0.4758 0.4825