YEARLY HIGH
35.6344 CVE
YEARLY LOW
28.5029 CVE
YEARLY AVERAGE
29.2021 CVE

2019 PGK to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the PGK to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on November 17, valuing the pair at 35.6344. Conversely, the yearly low was recorded on January 10, dropping to 28.5029.

This high-to-low spread represents a total annual volatility of 7.1315 CVE. From a start-to-finish perspective, comparing the January average rate of 28.7825 to the December average rate of 29.2603, the exchange rate registered a net change of 1.66% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 35.6344 was up 21.09% compared to the 2018 peak of 29.4284, 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 178,172 CVE
2018 Average 142,536 CVE
Yearly Trough Low 142,514 CVE
Transaction Impact: A difference of 35,657.44 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

29.6820
28.7007
JanuMarcMayJulySeptNove

PGK to CVE 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 29.0402, compared to 29.3639 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3237 points.

H1 Avg (Jan–Jun) 29.0402
H2 Avg (Jul–Dec) 29.3639

Volatility Range Comparison

Volatility

The most volatile month in 2019 was November, with a trading range of 6.6251 CVE (High: 35.6344 / Low: 29.0092). On the other end, May was the most stable month, with a tight range of 0.3818 CVE (High: 29.4427 / Low: 29.0609).

November Spread (Volatile) ±6.6251
May Spread (Stable) ±0.3818

Growth Streaks & Declines

Trends

Between January and May, 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 November and December, when the average rate fell by 0.3399 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.3399

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2019: 29.6003) against the same month in 2018 (average: 28.9437), the exchange rate shifted by +0.6566 (+2.27%).

2019 Avg (November) 29.6003
2018 Avg (November) 28.9437

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 28.9788 28.5029 28.7825
February 29.1537 28.6389 28.9338
March 29.2344 28.8083 28.9950
April 29.5536 28.8985 29.1912
May 29.4427 29.0609 29.3150
June 29.4890 28.7064 29.0240
July 29.4667 28.7441 29.0635
August 29.8490 28.8830 29.2323
September 29.8860 29.1735 29.5309
October 29.7417 29.0112 29.4961
November 35.6344 29.0092 29.6003
December 29.5428 28.8613 29.2603