2020 PGK to ETB Historical Review

YEARLY HIGH

11.2074 ETB

YEARLY LOW

9.1719 ETB

YEARLY AVERAGE

10.0702 ETB

2020 PGK to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the PGK to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 11.2074. Conversely, the yearly low was recorded on February 3, dropping to 9.1719.

This high-to-low spread represents a total annual volatility of 2.0355 ETB. From a start-to-finish perspective, comparing the January average rate of 9.4213 to the December average rate of 11.0072, the exchange rate registered a net change of 16.83% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 11.2074 was up 7.09% compared to the 2019 peak of 10.4659, 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 56,037 ETB

2019 Average 43,171 ETB

Yearly Trough Low 45,860 ETB

Transaction Impact: A difference of 10,177.46 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

11.1658

9.2627

JanuMarcMayJulySeptNove

PGK to ETB 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 9.6078, compared to 10.5325 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.9247 points.

H1 Avg (Jan–Jun) 9.6078

H2 Avg (Jul–Dec) 10.5325

Volatility Range Comparison

Volatility

The most volatile month in 2020 was February, with a trading range of 0.4516 ETB (High: 9.6235 / Low: 9.1719). On the other end, April was the most stable month, with a tight range of 0.2429 ETB (High: 9.7111 / Low: 9.4682).

February Spread (Volatile) ±0.4516

April Spread (Stable) ±0.2429

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 11.0072) against the same month in 2019 (average: 9.2370), the exchange rate shifted by +1.7702 (+19.16%).

2020 Avg (December) 11.0072

2019 Avg (December) 9.2370

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	9.5325	9.2791	9.4213
February	9.6235	9.1719	9.4339
March	9.6301	9.3579	9.5135
April	9.7111	9.4682	9.5913
May	9.9165	9.5574	9.7406
June	10.1403	9.7648	9.9465
July	10.2995	10.0125	10.1383
August	10.3647	10.0142	10.1856
September	10.6288	10.3200	10.4885
October	10.7237	10.4263	10.6105
November	10.8615	10.4990	10.7648
December	11.2074	10.8363	11.0072