YEARLY HIGH
0.4602 PGK
YEARLY LOW
0.4354 PGK
YEARLY AVERAGE
0.4491 PGK

2020 GTQ to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the GTQ to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on August 21, valuing the pair at 0.4602. Conversely, the yearly low was recorded on March 26, dropping to 0.4354.

This high-to-low spread represents a total annual volatility of 0.0248 PGK. From a start-to-finish perspective, comparing the January average rate of 0.4420 to the December average rate of 0.4505, the exchange rate registered a net change of 1.92% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.4602 was up 2.57% compared to the 2019 peak of 0.4487, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,301 PGK
2019 Average 2,197 PGK
Yearly Trough Low 2,177 PGK
Transaction Impact: A difference of 124.08 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.4570
0.4407
JanuMarcMayJulySeptNove

GTQ 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 0.4466, compared to 0.4516 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0050 points.

H1 Avg (Jan–Jun) 0.4466
H2 Avg (Jul–Dec) 0.4516

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0177 PGK (High: 0.4531 / Low: 0.4354). On the other end, December was the most stable month, with a tight range of 0.0047 PGK (High: 0.4541 / Low: 0.4494).

March Spread (Volatile) ±0.0177
December Spread (Stable) ±0.0047

Growth Streaks & Declines

Trends

Between 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 August and September, when the average rate fell by 0.0053 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0053

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2020: 0.4556) against the same month in 2019 (average: 0.4426), the exchange rate shifted by +0.0130 (+2.94%).

2020 Avg (August) 0.4556
2019 Avg (August) 0.4426

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4474 0.4380 0.4420
February 0.4515 0.4358 0.4452
March 0.4531 0.4354 0.4457
April 0.4518 0.4425 0.4470
May 0.4565 0.4451 0.4501
June 0.4534 0.4474 0.4495
July 0.4571 0.4449 0.4509
August 0.4602 0.4498 0.4556
September 0.4568 0.4429 0.4504
October 0.4560 0.4492 0.4506
November 0.4569 0.4499 0.4516
December 0.4541 0.4494 0.4505