YEARLY HIGH
0.8347 PGK
YEARLY LOW
0.6771 PGK
YEARLY AVERAGE
0.8170 PGK

2019 MYR to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MYR to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.8347. Conversely, the yearly low was recorded on November 17, dropping to 0.6771.

This high-to-low spread represents a total annual volatility of 0.1576 PGK. From a start-to-finish perspective, comparing the January average rate of 0.8173 to the December average rate of 0.8220, the exchange rate registered a net change of 0.58% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.8347 was down 0.96% compared to the 2018 peak of 0.8428, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 MYR based on timing:

Yearly Peak High 16,694 PGK
2018 Average 16,293 PGK
Yearly Trough Low 13,542 PGK
Transaction Impact: A difference of 3,152.62 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.8289
0.8075
JanuMarcMayJulySeptNove

MYR 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 0.8186, compared to 0.8154 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0032 points.

H1 Avg (Jan–Jun) 0.8186
H2 Avg (Jul–Dec) 0.8154

Volatility Range Comparison

Volatility

The most volatile month in 2019 was November, with a trading range of 0.1528 PGK (High: 0.8299 / Low: 0.6771). On the other end, February was the most stable month, with a tight range of 0.0084 PGK (High: 0.8286 / Low: 0.8202).

November Spread (Volatile) ±0.1528
February Spread (Stable) ±0.0084

Growth Streaks & Declines

Trends

Between January and March, 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 July and August, when the average rate fell by 0.0106 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0106

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 0.8220) against the same month in 2018 (average: 0.8069), the exchange rate shifted by +0.0151 (+1.87%).

2019 Avg (December) 0.8220
2018 Avg (December) 0.8069

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8254 0.8123 0.8173
February 0.8286 0.8202 0.8253
March 0.8337 0.8232 0.8271
April 0.8278 0.8121 0.8195
May 0.8149 0.8047 0.8092
June 0.8207 0.8021 0.8132
July 0.8272 0.8175 0.8216
August 0.8171 0.7965 0.8110
September 0.8218 0.8055 0.8122
October 0.8175 0.8075 0.8106
November 0.8299 0.6771 0.8150
December 0.8347 0.8130 0.8220