YEARLY HIGH
0.4643 PGK
YEARLY LOW
0.4225 PGK
YEARLY AVERAGE
0.4449 PGK

2024 SVC to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SVC to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.4643. Conversely, the yearly low was recorded on January 25, dropping to 0.4225.

This high-to-low spread represents a total annual volatility of 0.0418 PGK. From a start-to-finish perspective, comparing the January average rate of 0.4268 to the December average rate of 0.4622, the exchange rate registered a net change of 8.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4643 was up 7.15% compared to the 2023 peak of 0.4333, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,321 PGK
2023 Average 2,059 PGK
Yearly Trough Low 2,112 PGK
Transaction Impact: A difference of 208.83 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4657
0.4232
JanuMarcMayJulySeptNove

SVC 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 0.4361, compared to 0.4537 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0176 points.

H1 Avg (Jan–Jun) 0.4361
H2 Avg (Jul–Dec) 0.4537

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0158 PGK (High: 0.4521 / Low: 0.4363). On the other end, May was the most stable month, with a tight range of 0.0043 PGK (High: 0.4452 / Low: 0.4410).

August Spread (Volatile) ±0.0158
May Spread (Stable) ±0.0043

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: 0.4622) against the same month in 2023 (average: 0.4271), the exchange rate shifted by +0.0351 (+8.22%).

2024 Avg (December) 0.4622
2023 Avg (December) 0.4271

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4321 0.4225 0.4268
February 0.4360 0.4254 0.4311
March 0.4376 0.4265 0.4344
April 0.4425 0.4328 0.4370
May 0.4452 0.4410 0.4434
June 0.4475 0.4383 0.4440
July 0.4491 0.4400 0.4457
August 0.4521 0.4363 0.4492
September 0.4563 0.4474 0.4524
October 0.4580 0.4489 0.4534
November 0.4631 0.4559 0.4594
December 0.4643 0.4553 0.4622