2019 PGK to BIF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 PGK to BIF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the PGK to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on November 17, valuing the pair at 666.1627. Conversely, the yearly low was recorded on January 1, dropping to 532.1203.
This high-to-low spread represents a total annual volatility of 134.0424 BIF. From a start-to-finish perspective, comparing the January average rate of 536.6119 to the December average rate of 550.7777, the exchange rate registered a net change of 2.64% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2019 high of 666.1627 was up 19.51% compared to the 2018 peak of 557.4335, 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 BIF 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 541.3830, compared to 547.4074 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 6.0244 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was November, with a trading range of 123.2848 BIF (High: 666.1627 / Low: 542.8779). On the other end, April was the most stable month, with a tight range of 5.6202 BIF (High: 546.1310 / Low: 540.5107).
Growth Streaks & Declines
TrendsBetween January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 2.5070 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2019: 553.2847) against the same month in 2018 (average: 536.0759), the exchange rate shifted by +17.2088 (+3.21%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 541.8836 | 532.1203 | 536.6119 |
| February | 544.9405 | 533.6048 | 538.9415 |
| March | 544.6244 | 534.8776 | 539.5159 |
| April | 546.1310 | 540.5107 | 543.0499 |
| May | 547.8357 | 541.4827 | 544.5677 |
| June | 551.4074 | 542.4184 | 545.6109 |
| July | 547.9290 | 541.2156 | 544.3306 |
| August | 546.9630 | 535.9884 | 543.2238 |
| September | 551.8373 | 535.3261 | 545.3275 |
| October | 553.1412 | 542.9358 | 547.5002 |
| November | 666.1627 | 542.8779 | 553.2847 |
| December | 555.2283 | 544.2625 | 550.7777 |