2024 SEK to PGK Historical Review

YEARLY HIGH

0.3941 PGK

YEARLY LOW

0.3458 PGK

YEARLY AVERAGE

0.3682 PGK

2024 SEK to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SEK to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 29, valuing the pair at 0.3941. Conversely, the yearly low was recorded on April 16, dropping to 0.3458.

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 0.3609 to the December average rate of 0.3677, the exchange rate registered a net change of 1.89% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3941 was up 4.98% compared to the 2023 peak of 0.3754, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,970 PGK

2023 Average 1,698 PGK

Yearly Trough Low 1,729 PGK

Transaction Impact: A difference of 241.49 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3908

0.3498

JanuMarcMayJulySeptNove

SEK 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 0.3618, compared to 0.3747 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0129 points.

H1 Avg (Jan–Jun) 0.3618

H2 Avg (Jul–Dec) 0.3747

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0232 PGK (High: 0.3891 / Low: 0.3659). On the other end, December was the most stable month, with a tight range of 0.0100 PGK (High: 0.3726 / Low: 0.3626).

August Spread (Volatile) ±0.0232

December Spread (Stable) ±0.0100

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0112 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0112

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.3874) against the same month in 2023 (average: 0.3286), the exchange rate shifted by +0.0588 (+17.89%).

2024 Avg (September) 0.3874

2023 Avg (September) 0.3286

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3764	0.3541	0.3609
February	0.3693	0.3520	0.3616
March	0.3741	0.3556	0.3644
April	0.3628	0.3458	0.3532
May	0.3698	0.3534	0.3608
June	0.3751	0.3633	0.3697
July	0.3727	0.3573	0.3667
August	0.3891	0.3659	0.3778
September	0.3941	0.3791	0.3874
October	0.3888	0.3724	0.3789
November	0.3782	0.3636	0.3694
December	0.3726	0.3626	0.3677