2024 THB to PGK Historical Review

YEARLY HIGH

0.1228 PGK

YEARLY LOW

0.1025 PGK

YEARLY AVERAGE

0.1106 PGK

2024 THB to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the THB to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 0.1228. Conversely, the yearly low was recorded on April 24, dropping to 0.1025.

This high-to-low spread represents a total annual volatility of 0.0203 PGK. From a start-to-finish perspective, comparing the January average rate of 0.1062 to the December average rate of 0.1184, the exchange rate registered a net change of 11.50% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1228 was up 11.63% compared to the 2023 peak of 0.1100, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 THB based on timing:

Yearly Peak High 30,702 PGK

2023 Average 25,906 PGK

Yearly Trough Low 25,632 PGK

Transaction Impact: A difference of 5,069.90 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1206

0.1025

JanuMarcMayJulySeptNove

THB 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 0.1055, compared to 0.1157 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0102 points.

H1 Avg (Jan–Jun) 0.1055

H2 Avg (Jul–Dec) 0.1157

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 0.0074 PGK (High: 0.1228 / Low: 0.1154). On the other end, June was the most stable month, with a tight range of 0.0024 PGK (High: 0.1068 / Low: 0.1044).

September Spread (Volatile) ±0.0074

June Spread (Stable) ±0.0024

Growth Streaks & Declines

Trends

Between June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0021 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0021

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.1191) against the same month in 2023 (average: 0.1018), the exchange rate shifted by +0.0173 (+16.96%).

2024 Avg (September) 0.1191

2023 Avg (September) 0.1018

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1103	0.1035	0.1062
February	0.1065	0.1035	0.1053
March	0.1080	0.1033	0.1057
April	0.1055	0.1025	0.1040
May	0.1076	0.1044	0.1060
June	0.1068	0.1044	0.1058
July	0.1106	0.1046	0.1076
August	0.1166	0.1103	0.1132
September	0.1228	0.1154	0.1191
October	0.1228	0.1170	0.1189
November	0.1196	0.1151	0.1168
December	0.1200	0.1168	0.1184