2020 PGK to KRW Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 PGK to KRW Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the PGK to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on March 23, valuing the pair at 370.7919. Conversely, the yearly low was recorded on December 31, dropping to 306.7442.
This high-to-low spread represents a total annual volatility of 64.0477 KRW. From a start-to-finish perspective, comparing the January average rate of 342.6879 to the December average rate of 311.1822, the exchange rate registered a net change of -9.19% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 370.7919 was down 10.41% compared to the 2019 peak of 413.8600, 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 KRW 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 351.2212, compared to 329.2546 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 21.9666 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 28.9086 KRW (High: 370.7919 / Low: 341.8833). On the other end, May was the most stable month, with a tight range of 7.4804 KRW (High: 358.6132 / Low: 351.1329).
Growth Streaks & Declines
TrendsBetween January and March, 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 September and October, when the average rate fell by 10.9058 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2020: 354.8376) against the same month in 2019 (average: 335.7530), the exchange rate shifted by +19.0846 (+5.68%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 353.8373 | 336.5534 | 342.6879 |
| February | 357.9437 | 341.5393 | 351.1938 |
| March | 370.7919 | 341.8833 | 354.8376 |
| April | 361.9034 | 347.7415 | 354.8269 |
| May | 358.6132 | 351.1329 | 354.8207 |
| June | 352.7986 | 343.7461 | 348.9604 |
| July | 351.0855 | 340.8163 | 345.5357 |
| August | 343.4222 | 334.8944 | 338.2800 |
| September | 345.8486 | 330.1672 | 337.2257 |
| October | 333.2429 | 318.1068 | 326.3199 |
| November | 323.9362 | 311.7193 | 316.9841 |
| December | 315.9204 | 306.7442 | 311.1822 |