YEARLY HIGH
0.4010 PGK
YEARLY LOW
0.3095 PGK
YEARLY AVERAGE
0.3848 PGK

2019 NOK to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NOK to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 31, valuing the pair at 0.4010. Conversely, the yearly low was recorded on November 17, dropping to 0.3095.

This high-to-low spread represents a total annual volatility of 0.0915 PGK. From a start-to-finish perspective, comparing the January average rate of 0.3933 to the December average rate of 0.3781, the exchange rate registered a net change of -3.88% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.4010 was down 4.93% compared to the 2018 peak of 0.4218, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,005 PGK
2018 Average 2,020 PGK
Yearly Trough Low 1,548 PGK
Transaction Impact: A difference of 457.50 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.3961
0.3682
JanuMarcMayJulySeptNove

NOK 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 0.3916, compared to 0.3780 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0135 points.

H1 Avg (Jan–Jun) 0.3916
H2 Avg (Jul–Dec) 0.3780

Volatility Range Comparison

Volatility

The most volatile month in 2019 was November, with a trading range of 0.0697 PGK (High: 0.3792 / Low: 0.3095). On the other end, May was the most stable month, with a tight range of 0.0056 PGK (High: 0.3892 / Low: 0.3836).

November Spread (Volatile) ±0.0697
May Spread (Stable) ±0.0056

Growth Streaks & Declines

Trends

Between February and April, 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 0.0143 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0143

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 0.3933) against the same month in 2018 (average: 0.4077), the exchange rate shifted by -0.0143 (-3.51%).

2019 Avg (January) 0.3933
2018 Avg (January) 0.4077

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4010 0.3831 0.3933
February 0.3990 0.3863 0.3921
March 0.3995 0.3844 0.3922
April 0.3997 0.3869 0.3938
May 0.3892 0.3836 0.3861
June 0.3989 0.3838 0.3918
July 0.3974 0.3825 0.3930
August 0.3832 0.3715 0.3787
September 0.3816 0.3721 0.3768
October 0.3745 0.3663 0.3710
November 0.3792 0.3095 0.3705
December 0.3882 0.3699 0.3781