2024 SZL to PGK Historical Review

YEARLY HIGH

0.2315 PGK

YEARLY LOW

0.1943 PGK

YEARLY AVERAGE

0.2127 PGK

2024 SZL to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SZL to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 0.2315. Conversely, the yearly low was recorded on February 26, dropping to 0.1943.

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 0.1988 to the December average rate of 0.2219, the exchange rate registered a net change of 11.63% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2315 was up 10.61% compared to the 2023 peak of 0.2093, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,157 PGK

2023 Average 977 PGK

Yearly Trough Low 971 PGK

Transaction Impact: A difference of 185.93 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2288

0.1961

JanuMarcMayJulySeptNove

SZL 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 0.2040, compared to 0.2215 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) 0.2040

H2 Avg (Jul–Dec) 0.2215

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0165 PGK (High: 0.2293 / Low: 0.2127). On the other end, May was the most stable month, with a tight range of 0.0074 PGK (High: 0.2143 / Low: 0.2069).

December Spread (Volatile) ±0.0165

May Spread (Stable) ±0.0074

Growth Streaks & Declines

Trends

Between January and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0027 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -0.0027

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.2248) against the same month in 2023 (average: 0.1923), the exchange rate shifted by +0.0325 (+16.89%).

2024 Avg (September) 0.2248

2023 Avg (September) 0.1923

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2049	0.1948	0.1988
February	0.2030	0.1943	0.1989
March	0.2054	0.1948	0.2016
April	0.2070	0.1979	0.2027
May	0.2143	0.2069	0.2108
June	0.2180	0.2030	0.2109
July	0.2174	0.2086	0.2139
August	0.2242	0.2116	0.2179
September	0.2315	0.2197	0.2248
October	0.2310	0.2219	0.2260
November	0.2302	0.2206	0.2246
December	0.2293	0.2127	0.2219