YEARLY HIGH
14973.8984 IRR
YEARLY LOW
12210.1769 IRR
YEARLY AVERAGE
12461.1226 IRR

2019 PGK to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the PGK to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 17, valuing the pair at 14973.8984. Conversely, the yearly low was recorded on December 25, dropping to 12210.1769.

This high-to-low spread represents a total annual volatility of 2763.7215 IRR. From a start-to-finish perspective, comparing the January average rate of 12578.1701 to the December average rate of 12353.0474, the exchange rate registered a net change of -1.79% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 14973.8984 was up 12.26% compared to the 2018 peak of 13338.9699, 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 74,869,492 IRR
2018 Average 61,865,478 IRR
Yearly Trough Low 61,050,884 IRR
Transaction Impact: A difference of 13,818,607.54 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

12600.6824
12330.5351
JanuMarcMayJulySeptNove

PGK to IRR 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 12516.4709, compared to 12405.7743 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 110.6966 points.

H1 Avg (Jan–Jun) 12516.4709
H2 Avg (Jul–Dec) 12405.7743

Volatility Range Comparison

Volatility

The most volatile month in 2019 was November, with a trading range of 2756.9689 IRR (High: 14973.8984 / Low: 12216.9295). On the other end, July was the most stable month, with a tight range of 107.7426 IRR (High: 12494.0653 / Low: 12386.3227).

November Spread (Volatile) ±2756.9689
July Spread (Stable) ±107.7426

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 90.4695 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -90.4695

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2019: 12443.5169) against the same month in 2018 (average: 12657.7379), the exchange rate shifted by -214.2211 (-1.69%).

2019 Avg (November) 12443.5169
2018 Avg (November) 12657.7379

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 12785.0780 12451.7994 12578.1701
February 12614.4106 12494.2951 12514.7777
March 12646.8544 12450.2861 12500.4980
April 12647.0144 12412.4378 12511.6324
May 12631.3987 12447.0472 12498.9256
June 12668.4225 12424.9831 12494.8216
July 12494.0653 12386.3227 12433.3135
August 12599.9761 12216.2383 12400.8019
September 12545.3576 12219.3333 12396.6724
October 12457.1006 12313.6646 12407.2937
November 14973.8984 12216.9295 12443.5169
December 12420.3540 12210.1769 12353.0474