2019 PGK to IQD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 PGK to IQD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the PGK to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 17, valuing the pair at 423.6932. Conversely, the yearly low was recorded on August 29, dropping to 345.2636.
This high-to-low spread represents a total annual volatility of 78.4296 IQD. From a start-to-finish perspective, comparing the January average rate of 354.1956 to the December average rate of 349.5485, the exchange rate registered a net change of -1.31% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2019 high of 423.6932 was up 13.71% compared to the 2018 peak of 372.5930, 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 2019.
PGK to IQD 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 353.3339, compared to 350.9473 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.3865 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was November, with a trading range of 78.4100 IQD (High: 423.6932 / Low: 345.2831). On the other end, February was the most stable month, with a tight range of 1.3107 IQD (High: 354.4643 / Low: 353.1536).
Growth Streaks & Declines
TrendsBetween 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 2.5644 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2019: 352.1130) against the same month in 2018 (average: 354.7301), the exchange rate shifted by -2.6171 (-0.74%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 356.4233 | 353.2073 | 354.1956 |
| February | 354.4643 | 353.1536 | 354.0732 |
| March | 353.9612 | 352.3316 | 353.0040 |
| April | 354.4563 | 352.0710 | 353.2132 |
| May | 354.1667 | 352.1168 | 353.1522 |
| June | 353.5695 | 351.1633 | 352.3651 |
| July | 353.1157 | 350.5155 | 351.7562 |
| August | 352.5926 | 345.2636 | 350.7972 |
| September | 352.3316 | 345.3511 | 350.5290 |
| October | 351.9231 | 348.1633 | 350.9403 |
| November | 423.6932 | 345.2831 | 352.1130 |
| December | 351.0324 | 345.8446 | 349.5485 |