2020 PGK to INR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 PGK to INR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the PGK to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 23, valuing the pair at 22.5074. Conversely, the yearly low was recorded on January 11, dropping to 20.6069.
This high-to-low spread represents a total annual volatility of 1.9004 INR. From a start-to-finish perspective, comparing the January average rate of 20.9444 to the December average rate of 20.9482, the exchange rate registered a net change of 0.02% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 22.5074 was down 11.66% compared to the 2019 peak of 25.4791, 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 INR 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 21.6016, compared to 21.1518 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4498 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 1.3106 INR (High: 22.5074 / Low: 21.1968). On the other end, November was the most stable month, with a tight range of 0.3540 INR (High: 21.3085 / Low: 20.9545).
Growth Streaks & Declines
TrendsBetween January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.3345 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2020: 21.7450) against the same month in 2019 (average: 20.6261), the exchange rate shifted by +1.1189 (+5.42%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 21.2232 | 20.6069 | 20.9444 |
| February | 21.4637 | 20.6573 | 21.0395 |
| March | 22.5074 | 21.1968 | 21.7450 |
| April | 22.3721 | 21.7214 | 22.1213 |
| May | 22.0980 | 21.5485 | 21.8531 |
| June | 22.1775 | 21.6569 | 21.9063 |
| July | 21.8869 | 21.2823 | 21.5840 |
| August | 21.5870 | 20.8162 | 21.2494 |
| September | 21.3905 | 20.6966 | 21.0505 |
| October | 21.2727 | 20.7783 | 20.9786 |
| November | 21.3085 | 20.9545 | 21.1000 |
| December | 21.1110 | 20.6420 | 20.9482 |