2019 PGK to LAK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 PGK to LAK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the PGK to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 17, valuing the pair at 3144.9137. Conversely, the yearly low was recorded on August 29, dropping to 2537.2522.
This high-to-low spread represents a total annual volatility of 607.6615 LAK. From a start-to-finish perspective, comparing the January average rate of 2543.4337 to the December average rate of 2603.5216, the exchange rate registered a net change of 2.36% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2019 high of 3144.9137 was up 20.99% compared to the 2018 peak of 2599.3740, 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 LAK 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 2554.8560, compared to 2590.9321 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 36.0761 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was November, with a trading range of 575.3518 LAK (High: 3144.9137 / Low: 2569.5618). On the other end, March was the most stable month, with a tight range of 9.2263 LAK (High: 2550.6031 / Low: 2541.3768).
Growth Streaks & Declines
TrendsBetween March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 13.2846 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2019: 2616.8062) against the same month in 2018 (average: 2544.3030), the exchange rate shifted by +72.5032 (+2.85%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 2558.0496 | 2539.2342 | 2543.4337 |
| February | 2555.0595 | 2543.2026 | 2548.0327 |
| March | 2550.6031 | 2541.3768 | 2544.4418 |
| April | 2576.9293 | 2545.1183 | 2559.5843 |
| May | 2577.7175 | 2552.8471 | 2566.1648 |
| June | 2582.6073 | 2554.0489 | 2567.4790 |
| July | 2578.0235 | 2557.2901 | 2569.6293 |
| August | 2579.8519 | 2537.2522 | 2564.8626 |
| September | 2614.3597 | 2551.0102 | 2589.9374 |
| October | 2614.6376 | 2580.8833 | 2600.8355 |
| November | 3144.9137 | 2569.5618 | 2616.8062 |
| December | 2617.0839 | 2571.3714 | 2603.5216 |