YEARLY HIGH
0.0095 PGK
YEARLY LOW
0.0088 PGK
YEARLY AVERAGE
0.0091 PGK

2020 NGN to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NGN to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 11, valuing the pair at 0.0095. Conversely, the yearly low was recorded on April 4, dropping to 0.0088.

This high-to-low spread represents a total annual volatility of 0.0007 PGK. From a start-to-finish perspective, comparing the January average rate of 0.0094 to the December average rate of 0.0092, the exchange rate registered a net change of -2.47% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0095 was down 14.70% compared to the 2019 peak of 0.0112, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 NGN based on timing:

Yearly Peak High 9,512 PGK
2019 Average 9,403 PGK
Yearly Trough Low 8,779 PGK
Transaction Impact: A difference of 732.92 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0094
0.0089
JanuMarcMayJulySeptNove

NGN 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 0.0091, compared to 0.0091 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0091
H2 Avg (Jul–Dec) 0.0091

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0007 PGK (High: 0.0095 / Low: 0.0088). On the other end, June was the most stable month, with a tight range of 0.0001 PGK (High: 0.0090 / Low: 0.0089).

March Spread (Volatile) ±0.0007
June Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between May and August, 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 March and April, when the average rate fell by 0.0003 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.0092) against the same month in 2019 (average: 0.0094), the exchange rate shifted by -0.0001 (-1.27%).

2020 Avg (March) 0.0092
2019 Avg (March) 0.0094

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0095 0.0093 0.0094
February 0.0095 0.0091 0.0093
March 0.0095 0.0088 0.0092
April 0.0094 0.0088 0.0090
May 0.0090 0.0088 0.0089
June 0.0090 0.0089 0.0089
July 0.0091 0.0088 0.0090
August 0.0093 0.0090 0.0091
September 0.0093 0.0089 0.0091
October 0.0093 0.0091 0.0092
November 0.0093 0.0091 0.0092
December 0.0093 0.0089 0.0092