YEARLY HIGH
2.5515 PGK
YEARLY LOW
2.0689 PGK
YEARLY AVERAGE
2.4669 PGK

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.

Transfer Payout Power Comparison

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

Yearly Peak High 12,758 PGK
2018 Average 11,708 PGK
Yearly Trough Low 10,345 PGK
Transaction Impact: A difference of 2,413.01 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

2.5499
2.1092
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 2.4318
H2 Avg (Jul–Dec) 2.5019

Volatility Range Comparison

Volatility

The 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).

November Spread (Volatile) ±0.4642
July Spread (Stable) ±0.0216

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0350

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2019 Avg (August) 2.5132
2018 Avg (August) 2.1979

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