YEARLY HIGH
9.4272 PGK
YEARLY LOW
8.8378 PGK
YEARLY AVERAGE
9.1949 PGK

2020 BHD to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BHD to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 29, valuing the pair at 9.4272. Conversely, the yearly low was recorded on February 9, dropping to 8.8378.

This high-to-low spread represents a total annual volatility of 0.5894 PGK. From a start-to-finish perspective, comparing the January average rate of 9.0255 to the December average rate of 9.3261, the exchange rate registered a net change of 3.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 9.4272 was up 3.11% compared to the 2019 peak of 9.1426, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 47,136 PGK
2019 Average 44,877 PGK
Yearly Trough Low 44,189 PGK
Transaction Impact: A difference of 2,946.86 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

9.3602
8.9951
JanuMarcMayJulySeptNove

BHD 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 9.1008, compared to 9.2889 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1881 points.

H1 Avg (Jan–Jun) 9.1008
H2 Avg (Jul–Dec) 9.2889

Volatility Range Comparison

Volatility

The most volatile month in 2020 was February, with a trading range of 0.3179 PGK (High: 9.1557 / Low: 8.8378). On the other end, December was the most stable month, with a tight range of 0.0800 PGK (High: 9.3885 / Low: 9.3084).

February Spread (Volatile) ±0.3179
December Spread (Stable) ±0.0800

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 August and September, when the average rate fell by 0.0449 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0449

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2020: 9.3000) against the same month in 2019 (average: 9.0019), the exchange rate shifted by +0.2981 (+3.31%).

2020 Avg (October) 9.3000
2019 Avg (October) 9.0019

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 9.1324 8.9650 9.0255
February 9.1557 8.8378 9.0264
March 9.2399 9.0078 9.0865
April 9.2224 9.0343 9.1268
May 9.2984 9.0698 9.1746
June 9.2344 9.1226 9.1650
July 9.3360 9.0759 9.2035
August 9.3708 9.1844 9.3095
September 9.3940 9.1109 9.2646
October 9.4272 9.2693 9.3000
November 9.4177 9.2956 9.3298
December 9.3885 9.3084 9.3261