YEARLY HIGH
0.0462 PGK
YEARLY LOW
0.0434 PGK
YEARLY AVERAGE
0.0451 PGK

2020 AFN to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the AFN to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 29, valuing the pair at 0.0462. Conversely, the yearly low was recorded on February 9, dropping to 0.0434.

This high-to-low spread represents a total annual volatility of 0.0028 PGK. From a start-to-finish perspective, comparing the January average rate of 0.0441 to the December average rate of 0.0456, the exchange rate registered a net change of 3.52% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0462 was up 2.41% compared to the 2019 peak of 0.0451, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 231 PGK
2019 Average 217 PGK
Yearly Trough Low 217 PGK
Transaction Impact: A difference of 14.20 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0459
0.0439
JanuMarcMayJulySeptNove

AFN 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 0.0448, compared to 0.0455 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0448
H2 Avg (Jul–Dec) 0.0455

Volatility Range Comparison

Volatility

The most volatile month in 2020 was February, with a trading range of 0.0016 PGK (High: 0.0450 / Low: 0.0434). On the other end, December was the most stable month, with a tight range of 0.0004 PGK (High: 0.0458 / Low: 0.0454).

February Spread (Volatile) ±0.0016
December Spread (Stable) ±0.0004

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 May and June, when the average rate fell by 0.0005 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2020: 0.0456) against the same month in 2019 (average: 0.0434), the exchange rate shifted by +0.0023 (+5.21%).

2020 Avg (October) 0.0456
2019 Avg (October) 0.0434

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0446 0.0437 0.0441
February 0.0450 0.0434 0.0442
March 0.0458 0.0445 0.0450
April 0.0459 0.0447 0.0452
May 0.0458 0.0449 0.0453
June 0.0453 0.0445 0.0448
July 0.0458 0.0444 0.0450
August 0.0459 0.0448 0.0455
September 0.0461 0.0447 0.0455
October 0.0462 0.0454 0.0456
November 0.0461 0.0455 0.0457
December 0.0458 0.0454 0.0456