2019 PGK to CDF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 PGK to CDF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the PGK to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on November 17, valuing the pair at 591.4306. Conversely, the yearly low was recorded on August 29, dropping to 481.6282.
This high-to-low spread represents a total annual volatility of 109.8024 CDF. From a start-to-finish perspective, comparing the January average rate of 486.0094 to the December average rate of 492.3683, the exchange rate registered a net change of 1.31% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2019 high of 591.4306 was up 16.93% compared to the 2018 peak of 505.7903, 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 CDF 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 486.7521, compared to 490.3379 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.5858 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was November, with a trading range of 108.5401 CDF (High: 591.4306 / Low: 482.8905). On the other end, May was the most stable month, with a tight range of 4.2252 CDF (High: 490.0407 / Low: 485.8156).
Growth Streaks & Declines
TrendsBetween March and July, 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 July and August, when the average rate fell by 2.1303 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2019: 491.6475) against the same month in 2018 (average: 483.4444), the exchange rate shifted by +8.2032 (+1.70%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 489.2278 | 482.7561 | 486.0094 |
| February | 490.0538 | 484.7584 | 486.6936 |
| March | 487.9208 | 482.9016 | 485.1131 |
| April | 487.8533 | 482.2883 | 485.7564 |
| May | 490.0407 | 485.8156 | 487.4227 |
| June | 491.8519 | 486.5410 | 489.5173 |
| July | 494.0653 | 486.0380 | 490.1866 |
| August | 493.6296 | 481.6282 | 488.0563 |
| September | 494.0144 | 483.4903 | 489.8300 |
| October | 492.8994 | 485.6155 | 489.9384 |
| November | 591.4306 | 482.8905 | 491.6475 |
| December | 496.3181 | 485.3807 | 492.3683 |