YEARLY HIGH
19011.9680 IRR
YEARLY LOW
11847.5511 IRR
YEARLY AVERAGE
12162.2897 IRR

2020 PGK to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the PGK to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 7, valuing the pair at 19011.9680. Conversely, the yearly low was recorded on October 29, dropping to 11847.5511.

This high-to-low spread represents a total annual volatility of 7164.4169 IRR. From a start-to-finish perspective, comparing the January average rate of 12373.8858 to the December average rate of 11974.3479, the exchange rate registered a net change of -3.23% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 19011.9680 was up 26.97% compared to the 2019 peak of 14973.8984, 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 95,059,840 IRR
2019 Average 62,303,378 IRR
Yearly Trough Low 59,237,755 IRR
Transaction Impact: A difference of 35,822,084.39 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

12416.6734
11929.2935
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 12264.7369, compared to 12059.8424 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 204.8945 points.

H1 Avg (Jan–Jun) 12264.7369
H2 Avg (Jul–Dec) 12059.8424

Volatility Range Comparison

Volatility

The most volatile month in 2020 was July, with a trading range of 7048.1926 IRR (High: 19011.9680 / Low: 11963.7754). On the other end, December was the most stable month, with a tight range of 99.1987 IRR (High: 11995.7265 / Low: 11896.5278).

July Spread (Volatile) ±7048.1926
December Spread (Stable) ±99.1987

Growth Streaks & Declines

Trends

Between May and July, 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 July and August, when the average rate fell by 360.5629 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -360.5629

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2020: 12357.0897) against the same month in 2019 (average: 12433.3135), the exchange rate shifted by -76.2238 (-0.61%).

2020 Avg (July) 12357.0897
2019 Avg (July) 12433.3135

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 12467.6805 12227.2962 12373.8858
February 12636.7973 12197.7292 12376.0584
March 12386.0367 12083.0307 12288.4087
April 12329.4290 12090.6259 12218.7419
May 12304.0801 11995.7265 12155.8914
June 12222.0610 12076.0858 12175.4353
July 19011.9680 11963.7754 12357.0897
August 12160.2958 11918.2005 11996.5268
September 12257.6419 11885.4425 12054.2863
October 12047.9652 11847.5511 12006.8954
November 12022.5165 11865.6430 11969.9085
December 11995.7265 11896.5278 11974.3479