2024 SRD to PGK Historical Review

YEARLY HIGH

0.1378 PGK

YEARLY LOW

0.1006 PGK

YEARLY AVERAGE

0.1183 PGK

2024 SRD to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SRD to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on August 15, valuing the pair at 0.1378. Conversely, the yearly low was recorded on January 25, dropping to 0.1006.

This high-to-low spread represents a total annual volatility of 0.0372 PGK. From a start-to-finish perspective, comparing the January average rate of 0.1018 to the December average rate of 0.1148, the exchange rate registered a net change of 12.80% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1378 was up 23.30% compared to the 2023 peak of 0.1117, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 689 PGK

2023 Average 493 PGK

Yearly Trough Low 503 PGK

Transaction Impact: A difference of 185.91 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1398

0.0983

JanuMarcMayJulySeptNove

SRD 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 0.1112, compared to 0.1254 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0142 points.

H1 Avg (Jan–Jun) 0.1112

H2 Avg (Jul–Dec) 0.1254

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0137 PGK (High: 0.1302 / Low: 0.1165). On the other end, December was the most stable month, with a tight range of 0.0023 PGK (High: 0.1157 / Low: 0.1134).

October Spread (Volatile) ±0.0137

December Spread (Stable) ±0.0023

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0111 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0111

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.1364) against the same month in 2023 (average: 0.0945), the exchange rate shifted by +0.0418 (+44.25%).

2024 Avg (August) 0.1364

2023 Avg (August) 0.0945

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1032	0.1006	0.1018
February	0.1077	0.1013	0.1044
March	0.1099	0.1054	0.1078
April	0.1139	0.1082	0.1104
May	0.1212	0.1141	0.1189
June	0.1275	0.1205	0.1239
July	0.1361	0.1249	0.1314
August	0.1378	0.1326	0.1364
September	0.1370	0.1294	0.1334
October	0.1302	0.1165	0.1222
November	0.1166	0.1130	0.1143
December	0.1157	0.1134	0.1148