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2010 PGK to BND Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2010
During 2010, the PGK to BND exchange rate experienced significant fluctuation. The market reached its absolute peak on February 8, valuing the pair at 0.5281. Conversely, the yearly low was recorded on June 21, dropping to 0.4717.
This high-to-low spread represents a total annual volatility of 0.0565 BND. From a start-to-finish perspective, comparing the January average rate of 0.5203 to the December average rate of 0.5058, the exchange rate registered a net change of -2.78% (reflecting a weakening trend).
Comparing the value generated converting 5,000 PGK based on timing:
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PGK to BND Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: JanâJun) was 0.5080, compared to 0.5036 in the second half (H2: JulâDec). This shows that the rate was stronger in the first half (JanâJun) by a margin of 0.0044 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2010 was June, with a trading range of 0.0370 BND (High: 0.5087 / Low: 0.4717). On the other end, October was the most stable month, with a tight range of 0.0092 BND (High: 0.5058 / Low: 0.4965).
Growth Streaks & Declines
TrendsBetween June and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0251 points.
Same-Month Historical Baseline
YoY BaselineHistorical data for the previous year (2009) is currently unavailable. Strongest month average for February 2010 is 0.5205.
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| Month | High | Low | Average |
|---|---|---|---|
| January | 0.5260 | 0.5162 | 0.5203 |
| February | 0.5281 | 0.5142 | 0.5205 |
| March | 0.5242 | 0.5095 | 0.5170 |
| April | 0.5278 | 0.5024 | 0.5172 |
| May | 0.5067 | 0.4798 | 0.4922 |
| June | 0.5087 | 0.4717 | 0.4809 |
| July | 0.5145 | 0.4998 | 0.5060 |
| August | 0.5153 | 0.5035 | 0.5074 |
| September | 0.5083 | 0.4954 | 0.5018 |
| October | 0.5058 | 0.4965 | 0.5007 |
| November | 0.5118 | 0.4916 | 0.4997 |
| December | 0.5107 | 0.4957 | 0.5058 |