YEARLY HIGH
2.3308 HKD
YEARLY LOW
2.1813 HKD
YEARLY AVERAGE
2.2369 HKD

2020 PGK to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the PGK to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 9, valuing the pair at 2.3308. Conversely, the yearly low was recorded on October 29, dropping to 2.1813.

This high-to-low spread represents a total annual volatility of 0.1495 HKD. From a start-to-finish perspective, comparing the January average rate of 2.2844 to the December average rate of 2.2046, the exchange rate registered a net change of -3.49% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.3308 was down 16.26% compared to the 2019 peak of 2.7835, 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 11,654 HKD
2019 Average 11,580 HKD
Yearly Trough Low 10,906 HKD
Transaction Impact: A difference of 747.59 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.2933
2.1957
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 2.2606, compared to 2.2132 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0474 points.

H1 Avg (Jan–Jun) 2.2606
H2 Avg (Jul–Dec) 2.2132

Volatility Range Comparison

Volatility

The most volatile month in 2020 was February, with a trading range of 0.0806 HKD (High: 2.3308 / Low: 2.2502). On the other end, December was the most stable month, with a tight range of 0.0181 HKD (High: 2.2088 / Low: 2.1907).

February Spread (Volatile) ±0.0806
December Spread (Stable) ±0.0181

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0252 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0252

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 2.2852) against the same month in 2019 (average: 2.3318), the exchange rate shifted by -0.0466 (-2.00%).

2020 Avg (February) 2.2852
2019 Avg (February) 2.3318

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.3010 2.2553 2.2844
February 2.3308 2.2502 2.2852
March 2.2889 2.2295 2.2656
April 2.2702 2.2257 2.2495
May 2.2644 2.2093 2.2381
June 2.2498 2.2230 2.2409
July 2.2649 2.2023 2.2335
August 2.2385 2.1938 2.2083
September 2.2563 2.1877 2.2188
October 2.2181 2.1813 2.2103
November 2.2122 2.1833 2.2038
December 2.2088 2.1907 2.2046