YEARLY HIGH
0.0391 PGK
YEARLY LOW
0.0134 PGK
YEARLY AVERAGE
0.0357 PGK

2020 CVE to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the CVE to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.0391. Conversely, the yearly low was recorded on March 18, dropping to 0.0134.

This high-to-low spread represents a total annual volatility of 0.0257 PGK. From a start-to-finish perspective, comparing the January average rate of 0.0341 to the December average rate of 0.0387, the exchange rate registered a net change of 13.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0391 was up 11.41% compared to the 2019 peak of 0.0351, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 195 PGK
2019 Average 171 PGK
Yearly Trough Low 67 PGK
Transaction Impact: A difference of 128.63 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0392
0.0330
JanuMarcMayJulySeptNove

CVE 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 0.0341, compared to 0.0374 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0033 points.

H1 Avg (Jan–Jun) 0.0341
H2 Avg (Jul–Dec) 0.0374

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0223 PGK (High: 0.0356 / Low: 0.0134). On the other end, October was the most stable month, with a tight range of 0.0007 PGK (High: 0.0377 / Low: 0.0370).

March Spread (Volatile) ±0.0223
October Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between March and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0006 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.0387) against the same month in 2019 (average: 0.0342), the exchange rate shifted by +0.0045 (+13.17%).

2020 Avg (December) 0.0387
2019 Avg (December) 0.0342

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0347 0.0336 0.0341
February 0.0345 0.0330 0.0335
March 0.0356 0.0134 0.0335
April 0.0344 0.0333 0.0338
May 0.0348 0.0336 0.0342
June 0.0357 0.0348 0.0352
July 0.0373 0.0349 0.0358
August 0.0381 0.0370 0.0376
September 0.0381 0.0367 0.0372
October 0.0377 0.0370 0.0373
November 0.0382 0.0369 0.0376
December 0.0391 0.0383 0.0387