YEARLY HIGH
2.6788 PGK
YEARLY LOW
2.3401 PGK
YEARLY AVERAGE
2.5156 PGK

2020 BND to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BND to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 2.6788. Conversely, the yearly low was recorded on March 19, dropping to 2.3401.

This high-to-low spread represents a total annual volatility of 0.3387 PGK. From a start-to-finish perspective, comparing the January average rate of 2.5191 to the December average rate of 2.6391, the exchange rate registered a net change of 4.76% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.6788 was up 4.99% compared to the 2019 peak of 2.5515, 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 13,394 PGK
2019 Average 12,333 PGK
Yearly Trough Low 11,701 PGK
Transaction Impact: A difference of 1,693.61 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.6611
2.3976
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 2.4562, compared to 2.5750 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1188 points.

H1 Avg (Jan–Jun) 2.4562
H2 Avg (Jul–Dec) 2.5750

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.1532 PGK (High: 2.4933 / Low: 2.3401). On the other end, October was the most stable month, with a tight range of 0.0356 PGK (High: 2.6012 / Low: 2.5656).

March Spread (Volatile) ±0.1532
October Spread (Stable) ±0.0356

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0696 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0696

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 2.6391) against the same month in 2019 (average: 2.5127), the exchange rate shifted by +0.1264 (+5.03%).

2020 Avg (December) 2.6391
2019 Avg (December) 2.5127

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.5522 2.4754 2.5191
February 2.5235 2.3964 2.4495
March 2.4933 2.3401 2.4215
April 2.4569 2.3800 2.4196
May 2.4813 2.4172 2.4450
June 2.5118 2.4649 2.4825
July 2.5522 2.4687 2.4995
August 2.5960 2.5275 2.5628
September 2.6010 2.5145 2.5581
October 2.6012 2.5656 2.5796
November 2.6398 2.5686 2.6106
December 2.6788 2.6235 2.6391