YEARLY HIGH
0.1041 PGK
YEARLY LOW
0.0983 PGK
YEARLY AVERAGE
0.1008 PGK

2020 NIO to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NIO to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 21, valuing the pair at 0.1041. Conversely, the yearly low was recorded on February 9, dropping to 0.0983.

This high-to-low spread represents a total annual volatility of 0.0058 PGK. From a start-to-finish perspective, comparing the January average rate of 0.1002 to the December average rate of 0.1009, the exchange rate registered a net change of 0.62% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.1041 was up 0.17% compared to the 2019 peak of 0.1039, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 520 PGK
2019 Average 509 PGK
Yearly Trough Low 491 PGK
Transaction Impact: A difference of 28.94 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.1021
0.0999
JanuMarcMayJulySeptNove

NIO 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 0.1009, compared to 0.1007 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.1009
H2 Avg (Jul–Dec) 0.1007

Volatility Range Comparison

Volatility

The most volatile month in 2020 was May, with a trading range of 0.0046 PGK (High: 0.1041 / Low: 0.0994). On the other end, December was the most stable month, with a tight range of 0.0009 PGK (High: 0.1015 / Low: 0.1006).

May Spread (Volatile) ±0.0046
December Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between February and May, 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 June and July, when the average rate fell by 0.0009 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2020: 0.1019) against the same month in 2019 (average: 0.1022), the exchange rate shifted by -0.0003 (-0.25%).

2020 Avg (May) 0.1019
2019 Avg (May) 0.1022

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1023 0.0988 0.1002
February 0.1023 0.0983 0.1001
March 0.1027 0.0995 0.1009
April 0.1025 0.0994 0.1011
May 0.1041 0.0994 0.1019
June 0.1026 0.0999 0.1012
July 0.1023 0.0989 0.1003
August 0.1022 0.0998 0.1010
September 0.1017 0.0993 0.1005
October 0.1022 0.1004 0.1009
November 0.1020 0.0992 0.1009
December 0.1015 0.1006 0.1009