2020 PGK to AFN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 PGK to AFN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the PGK to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 9, valuing the pair at 23.0500. Conversely, the yearly low was recorded on October 29, dropping to 21.6334.
This high-to-low spread represents a total annual volatility of 1.4166 AFN. From a start-to-finish perspective, comparing the January average rate of 22.6889 to the December average rate of 21.9176, the exchange rate registered a net change of -3.40% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 23.0500 was down 17.15% compared to the 2019 peak of 27.8197, 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 2020.
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 22.3419, compared to 21.9799 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3620 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was February, with a trading range of 0.8039 AFN (High: 23.0500 / Low: 22.2461). On the other end, December was the most stable month, with a tight range of 0.2085 AFN (High: 22.0228 / Low: 21.8143).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.3737 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2020: 22.6089) against the same month in 2019 (average: 22.2561), the exchange rate shifted by +0.3528 (+1.59%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 22.8885 | 22.4334 | 22.6889 |
| February | 23.0500 | 22.2461 | 22.6089 |
| March | 22.4675 | 21.8292 | 22.2352 |
| April | 22.3942 | 21.8030 | 22.1040 |
| May | 22.2577 | 21.8316 | 22.0742 |
| June | 22.4891 | 22.0620 | 22.3403 |
| July | 22.5128 | 21.8385 | 22.2077 |
| August | 22.3005 | 21.7640 | 21.9600 |
| September | 22.3581 | 21.6942 | 21.9958 |
| October | 22.0042 | 21.6334 | 21.9172 |
| November | 21.9686 | 21.6814 | 21.8811 |
| December | 22.0228 | 21.8143 | 21.9176 |