2024 UAH to PGK Historical Review

YEARLY HIGH

0.1010 PGK

YEARLY LOW

0.0924 PGK

YEARLY AVERAGE

0.0969 PGK

2024 UAH to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the UAH to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 10, valuing the pair at 0.1010. Conversely, the yearly low was recorded on August 26, dropping to 0.0924.

This high-to-low spread represents a total annual volatility of 0.0086 PGK. From a start-to-finish perspective, comparing the January average rate of 0.0987 to the December average rate of 0.0968, the exchange rate registered a net change of -1.91% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1010 was down 3.85% compared to the 2023 peak of 0.1050, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 505 PGK

2023 Average 489 PGK

Yearly Trough Low 462 PGK

Transaction Impact: A difference of 43.01 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0997

0.0947

JanuMarcMayJulySeptNove

UAH 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 0.0978, compared to 0.0961 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0017 points.

H1 Avg (Jan–Jun) 0.0978

H2 Avg (Jul–Dec) 0.0961

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.0042 PGK (High: 0.1010 / Low: 0.0968). On the other end, November was the most stable month, with a tight range of 0.0018 PGK (High: 0.0983 / Low: 0.0965).

February Spread (Volatile) ±0.0042

November Spread (Stable) ±0.0018

Growth Streaks & Declines

Trends

Between July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0017 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0017

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.0993) against the same month in 2023 (average: 0.0959), the exchange rate shifted by +0.0034 (+3.58%).

2024 Avg (February) 0.0993

2023 Avg (February) 0.0959

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1004	0.0975	0.0987
February	0.1010	0.0968	0.0993
March	0.1002	0.0961	0.0981
April	0.0987	0.0955	0.0971
May	0.0985	0.0960	0.0976
June	0.0970	0.0941	0.0959
July	0.0960	0.0938	0.0951
August	0.0963	0.0924	0.0954
September	0.0966	0.0947	0.0959
October	0.0972	0.0953	0.0962
November	0.0983	0.0965	0.0971
December	0.0976	0.0949	0.0968