2024 SCR to PGK Historical Review

YEARLY HIGH

0.3081 PGK

YEARLY LOW

0.2598 PGK

YEARLY AVERAGE

0.2848 PGK

2024 SCR to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SCR to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on August 27, valuing the pair at 0.3081. Conversely, the yearly low was recorded on August 4, dropping to 0.2598.

This high-to-low spread represents a total annual volatility of 0.0483 PGK. From a start-to-finish perspective, comparing the January average rate of 0.2790 to the December average rate of 0.2866, the exchange rate registered a net change of 2.72% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3081 was up 5.64% compared to the 2023 peak of 0.2917, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,541 PGK

2023 Average 1,341 PGK

Yearly Trough Low 1,299 PGK

Transaction Impact: A difference of 241.50 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2960

0.2775

JanuMarcMayJulySeptNove

SCR 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 0.2809, compared to 0.2887 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0078 points.

H1 Avg (Jan–Jun) 0.2809

H2 Avg (Jul–Dec) 0.2887

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0483 PGK (High: 0.3081 / Low: 0.2598). On the other end, May was the most stable month, with a tight range of 0.0098 PGK (High: 0.2888 / Low: 0.2789).

August Spread (Volatile) ±0.0483

May Spread (Stable) ±0.0098

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 November and December, when the average rate fell by 0.0059 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0059

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.2861) against the same month in 2023 (average: 0.2705), the exchange rate shifted by +0.0156 (+5.75%).

2024 Avg (August) 0.2861

2023 Avg (August) 0.2705

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2867	0.2690	0.2790
February	0.2885	0.2743	0.2804
March	0.2850	0.2682	0.2795
April	0.2860	0.2640	0.2812
May	0.2888	0.2789	0.2840
June	0.2874	0.2654	0.2813
July	0.2884	0.2752	0.2827
August	0.3081	0.2598	0.2861
September	0.3056	0.2861	0.2945
October	0.3036	0.2614	0.2897
November	0.2998	0.2815	0.2925
December	0.3033	0.2680	0.2866