YEARLY HIGH
0.1341 BHD
YEARLY LOW
0.1094 BHD
YEARLY AVERAGE
0.1114 BHD

2019 PGK to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the PGK to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 17, valuing the pair at 0.1341. Conversely, the yearly low was recorded on December 25, dropping to 0.1094.

This high-to-low spread represents a total annual volatility of 0.0247 BHD. From a start-to-finish perspective, comparing the January average rate of 0.1121 to the December average rate of 0.1106, the exchange rate registered a net change of -1.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.1341 was up 13.62% compared to the 2018 peak of 0.1180, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 670 BHD
2018 Average 574 BHD
Yearly Trough Low 547 BHD
Transaction Impact: A difference of 123.57 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.1122
0.1105
JanuMarcMayJulySeptNove

PGK to BHD 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 0.1118, compared to 0.1111 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.1118
H2 Avg (Jul–Dec) 0.1111

Volatility Range Comparison

Volatility

The most volatile month in 2019 was November, with a trading range of 0.0247 BHD (High: 0.1341 / Low: 0.1094). On the other end, February was the most stable month, with a tight range of 0.0003 BHD (High: 0.1122 / Low: 0.1119).

November Spread (Volatile) ±0.0247
February Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between September and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0008 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2019: 0.1114) against the same month in 2018 (average: 0.1122), the exchange rate shifted by -0.0008 (-0.73%).

2019 Avg (November) 0.1114
2018 Avg (November) 0.1122

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1128 0.1115 0.1121
February 0.1122 0.1119 0.1120
March 0.1121 0.1115 0.1117
April 0.1122 0.1109 0.1117
May 0.1122 0.1113 0.1117
June 0.1120 0.1111 0.1115
July 0.1119 0.1107 0.1113
August 0.1117 0.1094 0.1110
September 0.1118 0.1094 0.1109
October 0.1115 0.1103 0.1111
November 0.1341 0.1094 0.1114
December 0.1112 0.1094 0.1106