YEARLY HIGH
6024.5505 STD
YEARLY LOW
5484.5415 STD
YEARLY AVERAGE
5728.0097 STD

2024 PGK to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PGK to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 25, valuing the pair at 6024.5505. Conversely, the yearly low was recorded on December 31, dropping to 5484.5415.

This high-to-low spread represents a total annual volatility of 540.0090 STD. From a start-to-finish perspective, comparing the January average rate of 5968.1418 to the December average rate of 5511.5795, the exchange rate registered a net change of -7.65% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 6024.5505 was down 8.28% compared to the 2023 peak of 6568.4480, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 30,122,752 STD
2023 Average 31,385,238 STD
Yearly Trough Low 27,422,708 STD
Transaction Impact: A difference of 2,700,044.90 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

6013.7981
5465.9233
JanuMarcMayJulySeptNove

PGK to STD 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 5842.0285, compared to 5613.9909 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 228.0376 points.

H1 Avg (Jan–Jun) 5842.0285
H2 Avg (Jul–Dec) 5613.9909

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 208.8091 STD (High: 5835.7138 / Low: 5626.9047). On the other end, May was the most stable month, with a tight range of 60.9182 STD (High: 5780.2305 / Low: 5719.3123).

August Spread (Volatile) ±208.8091
May Spread (Stable) ±60.9182

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 85.3214 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -85.3214

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 5968.1418) against the same month in 2023 (average: 6478.6728), the exchange rate shifted by -510.5310 (-7.88%).

2024 Avg (January) 5968.1418
2023 Avg (January) 6478.6728

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 6024.5505 5876.6375 5968.1418
February 5985.9497 5845.8402 5906.0055
March 5973.5928 5818.5485 5866.1765
April 5900.1973 5758.2391 5830.8081
May 5780.2305 5719.3123 5745.4867
June 5803.7400 5691.3921 5735.5526
July 5801.6607 5672.7409 5714.8790
August 5835.7138 5626.9047 5675.0135
September 5701.2947 5579.9750 5627.4696
October 5673.6133 5555.7398 5613.3215
November 5592.7511 5499.5417 5541.6822
December 5586.4552 5484.5415 5511.5795