YEARLY HIGH
0.6935 FJD
YEARLY LOW
0.5799 FJD
YEARLY AVERAGE
0.6256 FJD

2020 PGK to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the PGK to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 0.6935. Conversely, the yearly low was recorded on December 17, dropping to 0.5799.

This high-to-low spread represents a total annual volatility of 0.1136 FJD. From a start-to-finish perspective, comparing the January average rate of 0.6366 to the December average rate of 0.5849, the exchange rate registered a net change of -8.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.6935 was down 11.12% compared to the 2019 peak of 0.7803, 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 3,467 FJD
2019 Average 3,185 FJD
Yearly Trough Low 2,900 FJD
Transaction Impact: A difference of 567.84 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.6712
0.5771
JanuMarcMayJulySeptNove

PGK to FJD 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 0.6471, compared to 0.6040 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0432 points.

H1 Avg (Jan–Jun) 0.6471
H2 Avg (Jul–Dec) 0.6040

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0558 FJD (High: 0.6935 / Low: 0.6377). On the other end, December was the most stable month, with a tight range of 0.0105 FJD (High: 0.5904 / Low: 0.5799).

March Spread (Volatile) ±0.0558
December Spread (Stable) ±0.0105

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0169 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0169

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.6634) against the same month in 2019 (average: 0.6309), the exchange rate shifted by +0.0325 (+5.15%).

2020 Avg (March) 0.6634
2019 Avg (March) 0.6309

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6480 0.6257 0.6366
February 0.6581 0.6355 0.6472
March 0.6935 0.6377 0.6634
April 0.6730 0.6419 0.6595
May 0.6569 0.6341 0.6465
June 0.6362 0.6200 0.6296
July 0.6292 0.6046 0.6187
August 0.6148 0.5959 0.6063
September 0.6194 0.5952 0.6080
October 0.6133 0.6001 0.6083
November 0.6116 0.5876 0.5977
December 0.5904 0.5799 0.5849