YEARLY HIGH
0.0023 PGK
YEARLY LOW
0.0019 PGK
YEARLY AVERAGE
0.0022 PGK

2019 MMK to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MMK to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.0023. Conversely, the yearly low was recorded on November 17, dropping to 0.0019.

This high-to-low spread represents a total annual volatility of 0.0005 PGK. From a start-to-finish perspective, comparing the January average rate of 0.0022 to the December average rate of 0.0023, the exchange rate registered a net change of 3.58% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0023 was down 5.62% compared to the 2018 peak of 0.0025, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12 PGK
2018 Average 11 PGK
Yearly Trough Low 9 PGK
Transaction Impact: A difference of 2.30 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0023
0.0022
JanuMarcMayJulySeptNove

MMK 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 0.0022, compared to 0.0022 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0022
H2 Avg (Jul–Dec) 0.0022

Volatility Range Comparison

Volatility

The most volatile month in 2019 was November, with a trading range of 0.0004 PGK (High: 0.0023 / Low: 0.0019). On the other end, July was the most stable month, with a tight range of 0.0000 PGK (High: 0.0022 / Low: 0.0022).

November Spread (Volatile) ±0.0004
July Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0000 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 0.0023) against the same month in 2018 (average: 0.0021), the exchange rate shifted by +0.0001 (+5.75%).

2019 Avg (December) 0.0023
2018 Avg (December) 0.0021

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0022 0.0022 0.0022
February 0.0022 0.0022 0.0022
March 0.0022 0.0022 0.0022
April 0.0022 0.0022 0.0022
May 0.0022 0.0022 0.0022
June 0.0022 0.0022 0.0022
July 0.0022 0.0022 0.0022
August 0.0023 0.0022 0.0022
September 0.0022 0.0022 0.0022
October 0.0022 0.0022 0.0022
November 0.0023 0.0019 0.0022
December 0.0023 0.0022 0.0023