YEARLY HIGH
3369.6401 GNF
YEARLY LOW
2659.7733 GNF
YEARLY AVERAGE
2728.3357 GNF

2019 PGK to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the PGK to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on November 17, valuing the pair at 3369.6401. Conversely, the yearly low was recorded on November 12, dropping to 2659.7733.

This high-to-low spread represents a total annual volatility of 709.8668 GNF. From a start-to-finish perspective, comparing the January average rate of 2723.5458 to the December average rate of 2781.0281, the exchange rate registered a net change of 2.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 3369.6401 was up 19.56% compared to the 2018 peak of 2818.4664, 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 16,848,201 GNF
2018 Average 13,769,186 GNF
Yearly Trough Low 13,298,866 GNF
Transaction Impact: A difference of 3,549,334.20 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

2788.2574
2701.5059
JanuMarcMayJulySeptNove

PGK to GNF 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 2721.9956, compared to 2734.6759 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 12.6802 points.

H1 Avg (Jan–Jun) 2721.9956
H2 Avg (Jul–Dec) 2734.6759

Volatility Range Comparison

Volatility

The most volatile month in 2019 was November, with a trading range of 709.8668 GNF (High: 3369.6401 / Low: 2659.7733). On the other end, January was the most stable month, with a tight range of 36.7763 GNF (High: 2740.6738 / Low: 2703.8976).

November Spread (Volatile) ±709.8668
January Spread (Stable) ±36.7763

Growth Streaks & Declines

Trends

Between August and December, 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 July and August, when the average rate fell by 9.8734 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -9.8734

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2019: 2762.8064) against the same month in 2018 (average: 2713.4970), the exchange rate shifted by +49.3094 (+1.82%).

2019 Avg (November) 2762.8064
2018 Avg (November) 2713.4970

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2740.6738 2703.8976 2723.5458
February 2747.0238 2705.7646 2725.8616
March 2745.4305 2702.2314 2721.7540
April 2747.0238 2700.2882 2719.9371
May 2747.0238 2697.2945 2722.9411
June 2739.2593 2701.9230 2717.9341
July 2738.8724 2686.1367 2718.6086
August 2737.7778 2664.8323 2708.7352
September 2735.4642 2665.3872 2713.4662
October 2741.1600 2701.5195 2723.4107
November 3369.6401 2659.7733 2762.8064
December 2802.5188 2763.3230 2781.0281