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2010 PGK to MNT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2010
During 2010, the PGK to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 548.5429. Conversely, the yearly low was recorded on December 12, dropping to 460.7149.
This high-to-low spread represents a total annual volatility of 87.8280 MNT. From a start-to-finish perspective, comparing the January average rate of 540.2067 to the December average rate of 473.1749, the exchange rate registered a net change of -12.41% (reflecting a weakening trend).
Comparing the value generated converting 5,000 PGK based on timing:
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PGK to MNT 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 511.6326, compared to 491.7956 in the second half (H2: JulâDec). This shows that the rate was stronger in the first half (JanâJun) by a margin of 19.8371 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2010 was May, with a trading range of 42.5768 MNT (High: 513.2059 / Low: 470.6292). On the other end, November was the most stable month, with a tight range of 14.8677 MNT (High: 493.7735 / Low: 478.9058).
Growth Streaks & Declines
TrendsBetween August and October, 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 23.2197 points.
Same-Month Historical Baseline
YoY BaselineHistorical data for the previous year (2009) is currently unavailable. Strongest month average for January 2010 is 540.2067.
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| Month | High | Low | Average |
|---|---|---|---|
| January | 548.5429 | 532.9923 | 540.2067 |
| February | 540.9479 | 520.7998 | 531.6439 |
| March | 538.4093 | 500.0234 | 523.1120 |
| April | 525.4208 | 507.5116 | 512.5825 |
| May | 513.2059 | 470.6292 | 489.3628 |
| June | 500.1850 | 461.9027 | 472.8879 |
| July | 509.6269 | 493.7641 | 499.1918 |
| August | 512.4942 | 481.8921 | 494.8515 |
| September | 500.9661 | 485.6597 | 496.1256 |
| October | 510.4099 | 492.1663 | 499.3080 |
| November | 493.7735 | 478.9058 | 488.1215 |
| December | 480.0865 | 460.7149 | 473.1749 |