YEARLY HIGH
0.5859 PGK
YEARLY LOW
0.4111 PGK
YEARLY AVERAGE
0.4981 PGK

2020 TRY to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the TRY to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 0.5859. Conversely, the yearly low was recorded on November 7, dropping to 0.4111.

This high-to-low spread represents a total annual volatility of 0.1747 PGK. From a start-to-finish perspective, comparing the January average rate of 0.5744 to the December average rate of 0.4567, the exchange rate registered a net change of -20.49% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.5859 was down 10.24% compared to the 2019 peak of 0.6527, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 29,293 PGK
2019 Average 29,810 PGK
Yearly Trough Low 20,557 PGK
Transaction Impact: A difference of 8,735.95 PGK purely based on transaction execution date.

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0.5877
0.4280
JanuMarcMayJulySeptNove

TRY 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 0.5311, compared to 0.4651 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0660 points.

H1 Avg (Jan–Jun) 0.5311
H2 Avg (Jul–Dec) 0.4651

Volatility Range Comparison

Volatility

The most volatile month in 2020 was November, with a trading range of 0.0559 PGK (High: 0.4670 / Low: 0.4111). On the other end, July was the most stable month, with a tight range of 0.0112 PGK (High: 0.5099 / Low: 0.4988).

November Spread (Volatile) Âą0.0559
July Spread (Stable) Âą0.0112

Growth Streaks & Declines

Trends

Between October and December, 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 March and April, when the average rate fell by 0.0373 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0373

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.5744) against the same month in 2019 (average: 0.6278), the exchange rate shifted by -0.0534 (-8.51%).

2020 Avg (January) 0.5744
2019 Avg (January) 0.6278

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Month High Low Average
January 0.5859 0.5650 0.5744
February 0.5767 0.5454 0.5610
March 0.5614 0.5196 0.5404
April 0.5213 0.4919 0.5031
May 0.5194 0.4821 0.5005
June 0.5157 0.5024 0.5073
July 0.5099 0.4988 0.5051
August 0.5058 0.4689 0.4823
September 0.4789 0.4500 0.4629
October 0.4545 0.4202 0.4413
November 0.4670 0.4111 0.4423
December 0.4758 0.4459 0.4567