YEARLY HIGH
2.4549 BOB
YEARLY LOW
2.0033 BOB
YEARLY AVERAGE
2.0429 BOB

2019 PGK to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the PGK to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on November 17, valuing the pair at 2.4549. Conversely, the yearly low was recorded on December 25, dropping to 2.0033.

This high-to-low spread represents a total annual volatility of 0.4516 BOB. From a start-to-finish perspective, comparing the January average rate of 2.0539 to the December average rate of 2.0279, the exchange rate registered a net change of -1.26% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 2.4549 was up 13.31% compared to the 2018 peak of 2.1666, 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 12,274 BOB
2018 Average 10,513 BOB
Yearly Trough Low 10,016 BOB
Transaction Impact: A difference of 2,258.12 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

2.0564
2.0253
JanuMarcMayJulySeptNove

PGK to BOB 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 2.0497, compared to 2.0362 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0135 points.

H1 Avg (Jan–Jun) 2.0497
H2 Avg (Jul–Dec) 2.0362

Volatility Range Comparison

Volatility

The most volatile month in 2019 was November, with a trading range of 0.4482 BOB (High: 2.4549 / Low: 2.0067). On the other end, February was the most stable month, with a tight range of 0.0073 BOB (High: 2.0578 / Low: 2.0505).

November Spread (Volatile) ±0.4482
February Spread (Stable) ±0.0073

Growth Streaks & Declines

Trends

Between August and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0151 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0151

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2019: 2.0430) against the same month in 2018 (average: 2.0567), the exchange rate shifted by -0.0137 (-0.67%).

2019 Avg (November) 2.0430
2018 Avg (November) 2.0567

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.0662 2.0412 2.0539
February 2.0578 2.0505 2.0537
March 2.0551 2.0430 2.0475
April 2.0577 2.0437 2.0500
May 2.0564 2.0386 2.0479
June 2.0491 2.0364 2.0449
July 2.0505 2.0333 2.0411
August 2.0480 2.0054 2.0339
September 2.0516 2.0053 2.0340
October 2.0454 2.0222 2.0372
November 2.4549 2.0067 2.0430
December 2.0399 2.0033 2.0279