YEARLY HIGH
0.0283 PGK
YEARLY LOW
0.0233 PGK
YEARLY AVERAGE
0.0257 PGK

2020 ISK to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ISK to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0283. Conversely, the yearly low was recorded on April 28, dropping to 0.0233.

This high-to-low spread represents a total annual volatility of 0.0050 PGK. From a start-to-finish perspective, comparing the January average rate of 0.0276 to the December average rate of 0.0276, the exchange rate registered a net change of 0.17% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0283 was down 2.26% compared to the 2019 peak of 0.0290, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 142 PGK
2019 Average 138 PGK
Yearly Trough Low 117 PGK
Transaction Impact: A difference of 24.84 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0280
0.0235
JanuMarcMayJulySeptNove

ISK 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 0.0256, compared to 0.0258 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0256
H2 Avg (Jul–Dec) 0.0258

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0028 PGK (High: 0.0270 / Low: 0.0241). On the other end, October was the most stable month, with a tight range of 0.0007 PGK (High: 0.0255 / Low: 0.0249).

March Spread (Volatile) ±0.0028
October Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between April and June, 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 March and April, when the average rate fell by 0.0016 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.0276) against the same month in 2019 (average: 0.0281), the exchange rate shifted by -0.0005 (-1.95%).

2020 Avg (January) 0.0276
2019 Avg (January) 0.0281

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0283 0.0271 0.0276
February 0.0278 0.0265 0.0269
March 0.0270 0.0241 0.0255
April 0.0244 0.0233 0.0239
May 0.0254 0.0234 0.0242
June 0.0263 0.0248 0.0255
July 0.0260 0.0246 0.0251
August 0.0261 0.0253 0.0257
September 0.0259 0.0248 0.0254
October 0.0255 0.0249 0.0252
November 0.0265 0.0248 0.0258
December 0.0281 0.0269 0.0276