YEARLY HIGH
0.1020 PGK
YEARLY LOW
0.0905 PGK
YEARLY AVERAGE
0.0969 PGK

2024 UYU to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the UYU to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 28, valuing the pair at 0.1020. Conversely, the yearly low was recorded on December 28, dropping to 0.0905.

This high-to-low spread represents a total annual volatility of 0.0115 PGK. From a start-to-finish perspective, comparing the January average rate of 0.0953 to the December average rate of 0.0919, the exchange rate registered a net change of -3.54% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1020 was up 4.70% compared to the 2023 peak of 0.0974, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 510 PGK
2023 Average 464 PGK
Yearly Trough Low 452 PGK
Transaction Impact: A difference of 57.47 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1017
0.0911
JanuMarcMayJulySeptNove

UYU 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 0.0983, compared to 0.0956 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0027 points.

H1 Avg (Jan–Jun) 0.0983
H2 Avg (Jul–Dec) 0.0956

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0065 PGK (High: 0.1020 / Low: 0.0955). On the other end, May was the most stable month, with a tight range of 0.0012 PGK (High: 0.1012 / Low: 0.1001).

March Spread (Volatile) ±0.0065
May Spread (Stable) ±0.0012

Growth Streaks & Declines

Trends

Between January and May, 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 November and December, when the average rate fell by 0.0030 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0030

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.0988) against the same month in 2023 (average: 0.0901), the exchange rate shifted by +0.0087 (+9.64%).

2024 Avg (March) 0.0988
2023 Avg (March) 0.0901

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0973 0.0942 0.0953
February 0.0976 0.0950 0.0964
March 0.1020 0.0955 0.0988
April 0.1020 0.0973 0.0995
May 0.1012 0.1001 0.1008
June 0.1006 0.0973 0.0991
July 0.0979 0.0956 0.0971
August 0.0982 0.0948 0.0974
September 0.0986 0.0930 0.0967
October 0.0977 0.0940 0.0954
November 0.0965 0.0933 0.0949
December 0.0936 0.0905 0.0919