YEARLY HIGH
0.8738 PGK
YEARLY LOW
0.7658 PGK
YEARLY AVERAGE
0.8260 PGK

2020 MYR to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MYR to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.8738. Conversely, the yearly low was recorded on March 23, dropping to 0.7658.

This high-to-low spread represents a total annual volatility of 0.1080 PGK. From a start-to-finish perspective, comparing the January average rate of 0.8344 to the December average rate of 0.8669, the exchange rate registered a net change of 3.88% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.8738 was up 4.68% compared to the 2019 peak of 0.8347, 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 17,476 PGK
2019 Average 16,339 PGK
Yearly Trough Low 15,316 PGK
Transaction Impact: A difference of 2,159.81 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.8743
0.7848
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 0.8085, compared to 0.8435 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0350 points.

H1 Avg (Jan–Jun) 0.8085
H2 Avg (Jul–Dec) 0.8435

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0546 PGK (High: 0.8204 / Low: 0.7658). On the other end, December was the most stable month, with a tight range of 0.0103 PGK (High: 0.8738 / Low: 0.8634).

March Spread (Volatile) ±0.0546
December Spread (Stable) ±0.0103

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0201 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0201

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.8669) against the same month in 2019 (average: 0.8220), the exchange rate shifted by +0.0448 (+5.46%).

2020 Avg (December) 0.8669
2019 Avg (December) 0.8220

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8447 0.8242 0.8344
February 0.8382 0.8045 0.8182
March 0.8204 0.7658 0.7982
April 0.8058 0.7842 0.7923
May 0.8075 0.7914 0.7985
June 0.8199 0.8052 0.8093
July 0.8278 0.8029 0.8137
August 0.8467 0.8204 0.8380
September 0.8516 0.8270 0.8418
October 0.8549 0.8404 0.8447
November 0.8659 0.8415 0.8559
December 0.8738 0.8634 0.8669