YEARLY HIGH
0.5157 PGK
YEARLY LOW
0.4819 PGK
YEARLY AVERAGE
0.5024 PGK

2020 BOB to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BOB to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 16, valuing the pair at 0.5157. Conversely, the yearly low was recorded on February 9, dropping to 0.4819.

This high-to-low spread represents a total annual volatility of 0.0339 PGK. From a start-to-finish perspective, comparing the January average rate of 0.4921 to the December average rate of 0.5101, the exchange rate registered a net change of 3.65% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.5157 was up 3.32% compared to the 2019 peak of 0.4992, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,579 PGK
2019 Average 2,448 PGK
Yearly Trough Low 2,409 PGK
Transaction Impact: A difference of 169.43 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.5119
0.4903
JanuMarcMayJulySeptNove

BOB 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 0.4974, compared to 0.5075 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0100 points.

H1 Avg (Jan–Jun) 0.4974
H2 Avg (Jul–Dec) 0.5075

Volatility Range Comparison

Volatility

The most volatile month in 2020 was February, with a trading range of 0.0174 PGK (High: 0.4993 / Low: 0.4819). On the other end, June was the most stable month, with a tight range of 0.0061 PGK (High: 0.5045 / Low: 0.4984).

February Spread (Volatile) ±0.0174
June Spread (Stable) ±0.0061

Growth Streaks & Declines

Trends

Between February and May, 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 August and September, when the average rate fell by 0.0025 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0025

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2020: 0.5100) against the same month in 2019 (average: 0.4901), the exchange rate shifted by +0.0200 (+4.07%).

2020 Avg (November) 0.5100
2019 Avg (November) 0.4901

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4980 0.4887 0.4921
February 0.4993 0.4819 0.4921
March 0.5036 0.4926 0.4976
April 0.5050 0.4954 0.4998
May 0.5084 0.4974 0.5023
June 0.5045 0.4984 0.5007
July 0.5097 0.4958 0.5025
August 0.5132 0.5014 0.5084
September 0.5139 0.4975 0.5059
October 0.5147 0.5062 0.5079
November 0.5157 0.5069 0.5100
December 0.5142 0.5069 0.5101