YEARLY HIGH
0.0688 PGK
YEARLY LOW
0.0548 PGK
YEARLY AVERAGE
0.0676 PGK

2019 GMD to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the GMD to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on June 5, valuing the pair at 0.0688. Conversely, the yearly low was recorded on November 17, dropping to 0.0548.

This high-to-low spread represents a total annual volatility of 0.0139 PGK. From a start-to-finish perspective, comparing the January average rate of 0.0680 to the December average rate of 0.0664, the exchange rate registered a net change of -2.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0688 was down 2.24% compared to the 2018 peak of 0.0703, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 344 PGK
2018 Average 342 PGK
Yearly Trough Low 274 PGK
Transaction Impact: A difference of 69.73 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0684
0.0660
JanuMarcMayJulySeptNove

GMD 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 0.0680, compared to 0.0671 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0680
H2 Avg (Jul–Dec) 0.0671

Volatility Range Comparison

Volatility

The most volatile month in 2019 was November, with a trading range of 0.0126 PGK (High: 0.0674 / Low: 0.0548). On the other end, February was the most stable month, with a tight range of 0.0002 PGK (High: 0.0680 / Low: 0.0678).

November Spread (Volatile) ±0.0126
February Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0007 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2019: 0.0682) against the same month in 2018 (average: 0.0693), the exchange rate shifted by -0.0012 (-1.69%).

2019 Avg (June) 0.0682
2018 Avg (June) 0.0693

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0683 0.0676 0.0680
February 0.0680 0.0678 0.0679
March 0.0682 0.0678 0.0680
April 0.0685 0.0676 0.0680
May 0.0682 0.0676 0.0680
June 0.0688 0.0675 0.0682
July 0.0683 0.0675 0.0679
August 0.0683 0.0667 0.0677
September 0.0683 0.0668 0.0674
October 0.0675 0.0661 0.0669
November 0.0674 0.0548 0.0662
December 0.0672 0.0660 0.0664