YEARLY HIGH
2.2120 PGK
YEARLY LOW
1.8578 PGK
YEARLY AVERAGE
2.0247 PGK

2020 BGN to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BGN to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 2.2120. Conversely, the yearly low was recorded on March 19, dropping to 1.8578.

This high-to-low spread represents a total annual volatility of 0.3542 PGK. From a start-to-finish perspective, comparing the January average rate of 1.9318 to the December average rate of 2.1881, the exchange rate registered a net change of 13.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.2120 was up 11.15% compared to the 2019 peak of 1.9901, 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 11,060 PGK
2019 Average 9,682 PGK
Yearly Trough Low 9,289 PGK
Transaction Impact: A difference of 1,771.12 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.2169
1.8709
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 1.9345, compared to 2.1149 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1804 points.

H1 Avg (Jan–Jun) 1.9345
H2 Avg (Jul–Dec) 2.1149

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.1494 PGK (High: 2.0072 / Low: 1.8578). On the other end, December was the most stable month, with a tight range of 0.0383 PGK (High: 2.2120 / Low: 2.1737).

March Spread (Volatile) ±0.1494
December Spread (Stable) ±0.0383

Growth Streaks & Declines

Trends

Between April and August, 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 January and February, when the average rate fell by 0.0320 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0320

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 2.1881) against the same month in 2019 (average: 1.9364), the exchange rate shifted by +0.2517 (+13.00%).

2020 Avg (December) 2.1881
2019 Avg (December) 1.9364

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.9654 1.9055 1.9318
February 1.9495 1.8655 1.8998
March 2.0072 1.8578 1.9376
April 1.9453 1.8898 1.9148
May 1.9652 1.8998 1.9328
June 2.0232 1.9701 1.9901
July 2.1089 1.9811 2.0334
August 2.1534 2.0972 2.1231
September 2.1489 2.0671 2.1042
October 2.1330 2.0905 2.1102
November 2.1534 2.0854 2.1304
December 2.2120 2.1737 2.1881