2019 BND to PGK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 BND to PGK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the BND to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on August 29, valuing the pair at 2.5515. Conversely, the yearly low was recorded on November 17, dropping to 2.0689.
This high-to-low spread represents a total annual volatility of 0.4826 PGK. From a start-to-finish perspective, comparing the January average rate of 2.1459 to the December average rate of 2.5127, the exchange rate registered a net change of 17.09% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2019 high of 2.5515 was up 2.60% compared to the 2018 peak of 2.4868, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BND based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2019.
BND to PGK 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: Jan–Jun) was 2.4318, compared to 2.5019 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0701 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was November, with a trading range of 0.4642 PGK (High: 2.5331 / Low: 2.0689). On the other end, July was the most stable month, with a tight range of 0.0216 PGK (High: 2.5169 / Low: 2.4953).
Growth Streaks & Declines
TrendsBetween May and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0350 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2019: 2.5132) against the same month in 2018 (average: 2.1979), the exchange rate shifted by +0.3153 (+14.34%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 2.4841 | 2.1221 | 2.1459 |
| February | 2.4954 | 2.1320 | 2.4533 |
| March | 2.5037 | 2.4817 | 2.4975 |
| April | 2.5112 | 2.4751 | 2.4972 |
| May | 2.5075 | 2.4599 | 2.4965 |
| June | 2.5088 | 2.4486 | 2.5007 |
| July | 2.5169 | 2.4953 | 2.5067 |
| August | 2.5515 | 2.4491 | 2.5132 |
| September | 2.5515 | 2.4597 | 2.5126 |
| October | 2.5125 | 2.4512 | 2.4776 |
| November | 2.5331 | 2.0689 | 2.4889 |
| December | 2.5470 | 2.4872 | 2.5127 |