2019 PGK to AFN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 PGK to AFN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the PGK to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 17, valuing the pair at 27.8197. Conversely, the yearly low was recorded on March 3, dropping to 22.1550.
This high-to-low spread represents a total annual volatility of 5.6647 AFN. From a start-to-finish perspective, comparing the January average rate of 22.4424 to the December average rate of 23.0458, the exchange rate registered a net change of 2.69% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2019 high of 27.8197 was up 21.60% compared to the 2018 peak of 22.8782, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 PGK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2019.
PGK to AFN Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 22.8488, compared to 23.1907 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3419 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was November, with a trading range of 5.1151 AFN (High: 27.8197 / Low: 22.7045). On the other end, February was the most stable month, with a tight range of 0.2603 AFN (High: 22.4164 / Low: 22.1561).
Growth Streaks & Declines
TrendsBetween February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.5901 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2019: 23.1455) against the same month in 2018 (average: 22.4386), the exchange rate shifted by +0.7069 (+3.15%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 22.5898 | 22.2673 | 22.4424 |
| February | 22.4164 | 22.1561 | 22.2561 |
| March | 22.5422 | 22.1550 | 22.3477 |
| April | 23.0954 | 22.5012 | 22.9032 |
| May | 23.9100 | 23.0068 | 23.4126 |
| June | 24.0947 | 23.4788 | 23.7308 |
| July | 24.0366 | 23.4528 | 23.7219 |
| August | 23.7188 | 22.6365 | 23.1318 |
| September | 23.2253 | 22.7025 | 23.0392 |
| October | 23.1509 | 22.8843 | 23.0598 |
| November | 27.8197 | 22.7045 | 23.1455 |
| December | 23.2301 | 22.7449 | 23.0458 |