YEARLY HIGH
2.5451 PGK
YEARLY LOW
1.9357 PGK
YEARLY AVERAGE
2.2567 PGK

2020 NZD to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NZD to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 2.5451. Conversely, the yearly low was recorded on March 19, dropping to 1.9357.

This high-to-low spread represents a total annual volatility of 0.6094 PGK. From a start-to-finish perspective, comparing the January average rate of 2.2501 to the December average rate of 2.4953, the exchange rate registered a net change of 10.90% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.5451 was up 8.86% compared to the 2019 peak of 2.3378, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,725 PGK
2019 Average 11,150 PGK
Yearly Trough Low 9,678 PGK
Transaction Impact: A difference of 3,047.18 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.5377
2.0285
JanuMarcMayJulySeptNove

NZD 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 2.1511, compared to 2.3624 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2112 points.

H1 Avg (Jan–Jun) 2.1511
H2 Avg (Jul–Dec) 2.3624

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.2475 PGK (High: 2.1832 / Low: 1.9357). On the other end, October was the most stable month, with a tight range of 0.0577 PGK (High: 2.3558 / Low: 2.2981).

March Spread (Volatile) ±0.2475
October Spread (Stable) ±0.0577

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.1025 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.1025

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 2.4953) against the same month in 2019 (average: 2.2499), the exchange rate shifted by +0.2454 (+10.91%).

2020 Avg (December) 2.4953
2019 Avg (December) 2.2499

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.3086 2.1847 2.2501
February 2.2296 2.1277 2.1746
March 2.1832 1.9357 2.0722
April 2.1276 2.0023 2.0709
May 2.1676 2.0449 2.1092
June 2.2725 2.1838 2.2298
July 2.3436 2.2335 2.2863
August 2.3752 2.2687 2.3182
September 2.3887 2.2681 2.3289
October 2.3558 2.2981 2.3280
November 2.4758 2.3150 2.4175
December 2.5451 2.4686 2.4953