YEARLY HIGH
0.3801 PGK
YEARLY LOW
0.3385 PGK
YEARLY AVERAGE
0.3611 PGK

2024 TJS to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TJS to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 14, valuing the pair at 0.3801. Conversely, the yearly low was recorded on January 25, dropping to 0.3385.

This high-to-low spread represents a total annual volatility of 0.0416 PGK. From a start-to-finish perspective, comparing the January average rate of 0.3418 to the December average rate of 0.3705, the exchange rate registered a net change of 8.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3801 was up 7.99% compared to the 2023 peak of 0.3520, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,901 PGK
2023 Average 1,667 PGK
Yearly Trough Low 1,693 PGK
Transaction Impact: A difference of 207.94 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3804
0.3383
JanuMarcMayJulySeptNove

TJS 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 0.3507, compared to 0.3714 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0207 points.

H1 Avg (Jan–Jun) 0.3507
H2 Avg (Jul–Dec) 0.3714

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0154 PGK (High: 0.3738 / Low: 0.3585). On the other end, September was the most stable month, with a tight range of 0.0069 PGK (High: 0.3751 / Low: 0.3682).

August Spread (Volatile) ±0.0154
September Spread (Stable) ±0.0069

Growth Streaks & Declines

Trends

Between January and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0064 points.

Longest Streak 10 Mo.
Sharpest MoM Drop -0.0064

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.3769) against the same month in 2023 (average: 0.3432), the exchange rate shifted by +0.0337 (+9.81%).

2024 Avg (November) 0.3769
2023 Avg (November) 0.3432

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3465 0.3385 0.3418
February 0.3484 0.3405 0.3447
March 0.3500 0.3408 0.3471
April 0.3533 0.3460 0.3495
May 0.3633 0.3534 0.3576
June 0.3686 0.3559 0.3635
July 0.3710 0.3597 0.3665
August 0.3738 0.3585 0.3702
September 0.3751 0.3682 0.3719
October 0.3766 0.3685 0.3725
November 0.3801 0.3701 0.3769
December 0.3727 0.3647 0.3705