YEARLY HIGH
2.1014 CNY
YEARLY LOW
1.8458 CNY
YEARLY AVERAGE
1.9909 CNY

2020 PGK to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the PGK to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on February 9, valuing the pair at 2.1014. Conversely, the yearly low was recorded on December 31, dropping to 1.8458.

This high-to-low spread represents a total annual volatility of 0.2556 CNY. From a start-to-finish perspective, comparing the January average rate of 2.0349 to the December average rate of 1.8599, the exchange rate registered a net change of -8.60% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.1014 was down 15.69% compared to the 2019 peak of 2.4924, 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 10,507 CNY
2019 Average 10,211 CNY
Yearly Trough Low 9,229 CNY
Transaction Impact: A difference of 1,277.92 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.0758
1.8403
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 2.0485, compared to 1.9333 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1152 points.

H1 Avg (Jan–Jun) 2.0485
H2 Avg (Jul–Dec) 1.9333

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0902 CNY (High: 2.0877 / Low: 1.9975). On the other end, December was the most stable month, with a tight range of 0.0215 CNY (High: 1.8673 / Low: 1.8458).

March Spread (Volatile) ±0.0902
December Spread (Stable) ±0.0215

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0454 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0454

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 2.0561) against the same month in 2019 (average: 2.0029), the exchange rate shifted by +0.0532 (+2.66%).

2020 Avg (February) 2.0561
2019 Avg (February) 2.0029

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.0600 2.0060 2.0349
February 2.1014 2.0198 2.0561
March 2.0877 1.9975 2.0501
April 2.0753 2.0233 2.0520
May 2.0700 2.0272 2.0503
June 2.0580 2.0268 2.0476
July 2.0511 1.9892 2.0201
August 2.0056 1.9412 1.9746
September 1.9896 1.9251 1.9508
October 1.9422 1.8895 1.9174
November 1.9073 1.8534 1.8769
December 1.8673 1.8458 1.8599