2020 GNF to PGK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 GNF to PGK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the GNF to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 21, valuing the pair at 0.0004. Conversely, the yearly low was recorded on December 30, dropping to 0.0004.
This high-to-low spread represents a total annual volatility of 0.0000 PGK. From a start-to-finish perspective, comparing the January average rate of 0.0004 to the December average rate of 0.0004, the exchange rate registered a net change of -1.44% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 0.0004 was down 1.26% compared to the 2019 peak of 0.0004, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GNF based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
GNF to PGK Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 0.0004, compared to 0.0004 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was February, with a trading range of 0.0000 PGK (High: 0.0004 / Low: 0.0004). On the other end, April was the most stable month, with a tight range of 0.0000 PGK (High: 0.0004 / Low: 0.0004).
Growth Streaks & Declines
TrendsBetween January and May, 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 November and December, when the average rate fell by 0.0000 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2020: 0.0004) against the same month in 2019 (average: 0.0004), the exchange rate shifted by -0.0000 (-0.41%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 0.0004 | 0.0004 | 0.0004 |
| February | 0.0004 | 0.0004 | 0.0004 |
| March | 0.0004 | 0.0004 | 0.0004 |
| April | 0.0004 | 0.0004 | 0.0004 |
| May | 0.0004 | 0.0004 | 0.0004 |
| June | 0.0004 | 0.0004 | 0.0004 |
| July | 0.0004 | 0.0004 | 0.0004 |
| August | 0.0004 | 0.0004 | 0.0004 |
| September | 0.0004 | 0.0004 | 0.0004 |
| October | 0.0004 | 0.0004 | 0.0004 |
| November | 0.0004 | 0.0004 | 0.0004 |
| December | 0.0004 | 0.0004 | 0.0004 |