YEARLY HIGH
2.7835 HKD
YEARLY LOW
2.2587 HKD
YEARLY AVERAGE
2.3162 HKD

2019 PGK to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the PGK to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 17, valuing the pair at 2.7835. Conversely, the yearly low was recorded on December 25, dropping to 2.2587.

This high-to-low spread represents a total annual volatility of 0.5247 HKD. From a start-to-finish perspective, comparing the January average rate of 2.3312 to the December average rate of 2.2898, the exchange rate registered a net change of -1.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 2.7835 was up 13.48% compared to the 2018 peak of 2.4528, 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 13,917 HKD
2018 Average 11,925 HKD
Yearly Trough Low 11,294 HKD
Transaction Impact: A difference of 2,623.72 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

2.3359
2.2856
JanuMarcMayJulySeptNove

PGK to HKD 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 2.3262, compared to 2.3061 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0201 points.

H1 Avg (Jan–Jun) 2.3262
H2 Avg (Jul–Dec) 2.3061

Volatility Range Comparison

Volatility

The most volatile month in 2019 was November, with a trading range of 0.5125 HKD (High: 2.7835 / Low: 2.2710). On the other end, February was the most stable month, with a tight range of 0.0076 HKD (High: 2.3360 / Low: 2.3284).

November Spread (Volatile) ±0.5125
February Spread (Stable) ±0.0076

Growth Streaks & Declines

Trends

Between September and November, 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 November and December, when the average rate fell by 0.0237 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0237

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2019: 2.3135) against the same month in 2018 (average: 2.3318), the exchange rate shifted by -0.0183 (-0.79%).

2019 Avg (November) 2.3135
2018 Avg (November) 2.3318

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.3444 2.3204 2.3312
February 2.3360 2.3284 2.3318
March 2.3345 2.3211 2.3266
April 2.3348 2.3121 2.3253
May 2.3352 2.3176 2.3263
June 2.3312 2.3058 2.3160
July 2.3218 2.2970 2.3069
August 2.3471 2.2764 2.3094
September 2.3247 2.2755 2.3064
October 2.3206 2.2936 2.3108
November 2.7835 2.2710 2.3135
December 2.3098 2.2587 2.2898