YEARLY HIGH
1.9901 PGK
YEARLY LOW
1.5889 PGK
YEARLY AVERAGE
1.9365 PGK

2019 BGN to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the BGN to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 1.9901. Conversely, the yearly low was recorded on November 17, dropping to 1.5889.

This high-to-low spread represents a total annual volatility of 0.4012 PGK. From a start-to-finish perspective, comparing the January average rate of 1.9635 to the December average rate of 1.9364, the exchange rate registered a net change of -1.38% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 1.9901 was down 3.47% compared to the 2018 peak of 2.0616, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9,950 PGK
2018 Average 9,920 PGK
Yearly Trough Low 7,944 PGK
Transaction Impact: A difference of 2,005.95 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

1.9686
1.9079
JanuMarcMayJulySeptNove

BGN 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 1.9471, compared to 1.9260 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0211 points.

H1 Avg (Jan–Jun) 1.9471
H2 Avg (Jul–Dec) 1.9260

Volatility Range Comparison

Volatility

The most volatile month in 2019 was November, with a trading range of 0.3629 PGK (High: 1.9518 / Low: 1.5889). On the other end, May was the most stable month, with a tight range of 0.0169 PGK (High: 1.9379 / Low: 1.9209).

November Spread (Volatile) ±0.3629
May Spread (Stable) ±0.0169

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2019. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0185 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0185

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 1.9635) against the same month in 2018 (average: 2.0102), the exchange rate shifted by -0.0467 (-2.33%).

2019 Avg (January) 1.9635
2018 Avg (January) 2.0102

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.9901 1.9448 1.9635
February 1.9706 1.9391 1.9531
March 1.9706 1.9305 1.9490
April 1.9555 1.9153 1.9364
May 1.9379 1.9209 1.9300
June 1.9717 1.9244 1.9506
July 1.9598 1.9177 1.9417
August 1.9491 1.9113 1.9315
September 1.9441 1.8904 1.9130
October 1.9487 1.8941 1.9188
November 1.9518 1.5889 1.9147
December 1.9622 1.9195 1.9364