2019 PGK to ARS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 PGK to ARS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the PGK to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on November 17, valuing the pair at 21.1554. Conversely, the yearly low was recorded on January 14, dropping to 10.9748.
This high-to-low spread represents a total annual volatility of 10.1805 ARS. From a start-to-finish perspective, comparing the January average rate of 11.1078 to the December average rate of 17.5449, the exchange rate registered a net change of 57.95% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2019 high of 21.1554 was up 69.98% compared to the 2018 peak of 12.4458, 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 ARS 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 12.2879, compared to 16.1541 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.8662 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was August, with a trading range of 4.6118 ARS (High: 17.7284 / Low: 13.1166). On the other end, January was the most stable month, with a tight range of 0.2466 ARS (High: 11.2215 / Low: 10.9748).
Growth Streaks & Declines
TrendsBetween January and May, 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 June and July, when the average rate fell by 0.4051 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2019: 17.6315) against the same month in 2018 (average: 10.8276), the exchange rate shifted by +6.8038 (+62.84%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 11.2215 | 10.9748 | 11.1078 |
| February | 11.7749 | 11.0340 | 11.3923 |
| March | 13.0082 | 11.8037 | 12.2360 |
| April | 13.6390 | 12.3246 | 12.7699 |
| May | 13.4228 | 13.1628 | 13.2910 |
| June | 13.3059 | 12.5074 | 12.9302 |
| July | 12.9919 | 12.2863 | 12.5251 |
| August | 17.7284 | 13.1166 | 15.3414 |
| September | 17.5061 | 16.2316 | 16.6578 |
| October | 17.7154 | 16.9208 | 17.2240 |
| November | 21.1554 | 17.2939 | 17.6315 |
| December | 17.6685 | 17.3463 | 17.5449 |