YEARLY HIGH
2.4924 CNY
YEARLY LOW
1.9764 CNY
YEARLY AVERAGE
2.0419 CNY

2019 PGK to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the PGK to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on November 17, valuing the pair at 2.4924. Conversely, the yearly low was recorded on April 13, dropping to 1.9764.

This high-to-low spread represents a total annual volatility of 0.5160 CNY. From a start-to-finish perspective, comparing the January average rate of 2.0191 to the December average rate of 2.0570, the exchange rate registered a net change of 1.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 2.4924 was up 19.09% compared to the 2018 peak of 2.0929, 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 12,462 CNY
2018 Average 10,062 CNY
Yearly Trough Low 9,882 CNY
Transaction Impact: A difference of 2,580.08 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

2.1046
1.9797
JanuMarcMayJulySeptNove

PGK to CNY 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 2.0125, compared to 2.0713 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0588 points.

H1 Avg (Jan–Jun) 2.0125
H2 Avg (Jul–Dec) 2.0713

Volatility Range Comparison

Volatility

The most volatile month in 2019 was November, with a trading range of 0.4589 CNY (High: 2.4924 / Low: 2.0335). On the other end, March was the most stable month, with a tight range of 0.0123 CNY (High: 1.9963 / Low: 1.9841).

November Spread (Volatile) ±0.4589
March Spread (Stable) ±0.0123

Growth Streaks & Declines

Trends

Between March and June, 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 0.0180 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0180

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2019: 2.0749) against the same month in 2018 (average: 2.0664), the exchange rate shifted by +0.0085 (+0.41%).

2019 Avg (November) 2.0749
2018 Avg (November) 2.0664

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.0466 1.9816 2.0191
February 2.0182 1.9864 2.0029
March 1.9963 1.9841 1.9901
April 2.0029 1.9764 1.9907
May 2.0494 1.9990 2.0312
June 2.0537 2.0265 2.0411
July 2.0418 2.0176 2.0316
August 2.1235 2.0428 2.0792
September 2.1100 2.0739 2.0942
October 2.1080 2.0695 2.0910
November 2.4924 2.0335 2.0749
December 2.0780 2.0269 2.0570