YEARLY HIGH
0.1260 PGK
YEARLY LOW
0.1164 PGK
YEARLY AVERAGE
0.1213 PGK

2024 TWD to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TWD to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 0.1260. Conversely, the yearly low was recorded on April 16, dropping to 0.1164.

This high-to-low spread represents a total annual volatility of 0.0096 PGK. From a start-to-finish perspective, comparing the January average rate of 0.1197 to the December average rate of 0.1241, the exchange rate registered a net change of 3.68% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1260 was up 2.24% compared to the 2023 peak of 0.1232, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 630 PGK
2023 Average 578 PGK
Yearly Trough Low 582 PGK
Transaction Impact: A difference of 47.91 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1249
0.1175
JanuMarcMayJulySeptNove

TWD 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 0.1196, compared to 0.1229 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0033 points.

H1 Avg (Jan–Jun) 0.1196
H2 Avg (Jul–Dec) 0.1229

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0056 PGK (High: 0.1236 / Low: 0.1180). On the other end, May was the most stable month, with a tight range of 0.0025 PGK (High: 0.1212 / Low: 0.1187).

January Spread (Volatile) ±0.0056
May Spread (Stable) ±0.0025

Growth Streaks & Declines

Trends

Between July and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0018 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0018

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.1243) against the same month in 2023 (average: 0.1176), the exchange rate shifted by +0.0067 (+5.68%).

2024 Avg (November) 0.1243
2023 Avg (November) 0.1176

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1236 0.1180 0.1197
February 0.1214 0.1186 0.1201
March 0.1217 0.1176 0.1199
April 0.1197 0.1164 0.1181
May 0.1212 0.1187 0.1201
June 0.1210 0.1182 0.1199
July 0.1207 0.1180 0.1195
August 0.1242 0.1196 0.1218
September 0.1258 0.1222 0.1239
October 0.1256 0.1219 0.1237
November 0.1260 0.1234 0.1243
December 0.1252 0.1215 0.1241