2020 PGK to ARS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 PGK to ARS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the PGK to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 23.9725. Conversely, the yearly low was recorded on January 11, dropping to 17.3472.
This high-to-low spread represents a total annual volatility of 6.6253 ARS. From a start-to-finish perspective, comparing the January average rate of 17.6097 to the December average rate of 23.4811, the exchange rate registered a net change of 33.34% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 23.9725 was up 13.32% compared to the 2019 peak of 21.1554, 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 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 18.7730, compared to 21.8706 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.0975 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was December, with a trading range of 0.8712 ARS (High: 23.9725 / Low: 23.1013). On the other end, January was the most stable month, with a tight range of 0.4837 ARS (High: 17.8309 / Low: 17.3472).
Growth Streaks & Declines
TrendsBetween January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 23.4811) against the same month in 2019 (average: 17.5449), the exchange rate shifted by +5.9363 (+33.83%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 17.8309 | 17.3472 | 17.6097 |
| February | 18.2445 | 17.5061 | 18.0081 |
| March | 18.7611 | 17.9591 | 18.4113 |
| April | 19.3695 | 18.6740 | 19.0205 |
| May | 19.8361 | 19.1914 | 19.4931 |
| June | 20.3653 | 19.7258 | 20.0954 |
| July | 20.9904 | 20.2410 | 20.5573 |
| August | 21.1943 | 20.6210 | 20.8617 |
| September | 21.8332 | 21.0365 | 21.5125 |
| October | 22.3623 | 21.6101 | 22.1082 |
| November | 23.0944 | 22.3378 | 22.7025 |
| December | 23.9725 | 23.1013 | 23.4811 |