2020 PGK to GNF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 PGK to GNF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the PGK to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 2851.8519. Conversely, the yearly low was recorded on May 21, dropping to 2693.7322.
This high-to-low spread represents a total annual volatility of 158.1197 GNF. From a start-to-finish perspective, comparing the January average rate of 2787.2251 to the December average rate of 2828.0000, the exchange rate registered a net change of 1.46% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 2851.8519 was down 15.37% compared to the 2019 peak of 3369.6401, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 PGK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
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)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 2764.4982, compared to 2783.3130 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 18.8149 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was February, with a trading range of 86.0051 GNF (High: 2844.6838 / Low: 2758.6787). On the other end, April was the most stable month, with a tight range of 34.6618 GNF (High: 2774.0224 / Low: 2739.3606).
Growth Streaks & Declines
TrendsBetween May and July, 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 July and August, when the average rate fell by 26.3087 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 2828.0000) against the same month in 2019 (average: 2781.0281), the exchange rate shifted by +46.9719 (+1.69%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 2806.2849 | 2761.5595 | 2787.2251 |
| February | 2844.6838 | 2758.6787 | 2783.3908 |
| March | 2800.8365 | 2750.1540 | 2764.8731 |
| April | 2774.0224 | 2739.3606 | 2755.0801 |
| May | 2767.0579 | 2693.7322 | 2734.2518 |
| June | 2787.4472 | 2733.9795 | 2762.1680 |
| July | 2810.8108 | 2736.2065 | 2774.0771 |
| August | 2781.7610 | 2724.7547 | 2747.7684 |
| September | 2816.4035 | 2736.8527 | 2777.2801 |
| October | 2803.1522 | 2751.8635 | 2789.0777 |
| November | 2793.7672 | 2746.0793 | 2783.6748 |
| December | 2851.8519 | 2783.8412 | 2828.0000 |