2019 PGK to LKR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 PGK to LKR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the PGK to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 17, valuing the pair at 63.9730. Conversely, the yearly low was recorded on April 18, dropping to 51.6229.
This high-to-low spread represents a total annual volatility of 12.3501 LKR. From a start-to-finish perspective, comparing the January average rate of 54.0721 to the December average rate of 53.1689, the exchange rate registered a net change of -1.67% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2019 high of 63.9730 was up 18.04% compared to the 2018 peak of 54.1960, 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 LKR 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 52.7115, compared to 52.9075 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1959 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was November, with a trading range of 11.9189 LKR (High: 63.9730 / Low: 52.0541). On the other end, June was the most stable month, with a tight range of 0.3010 LKR (High: 52.3950 / Low: 52.0940).
Growth Streaks & Declines
TrendsBetween July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 1.0239 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2019: 53.3269) against the same month in 2018 (average: 52.4850), the exchange rate shifted by +0.8419 (+1.60%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 54.4364 | 52.7586 | 54.0721 |
| February | 53.4665 | 52.4657 | 53.0482 |
| March | 53.4660 | 51.9934 | 52.8117 |
| April | 52.2977 | 51.6229 | 51.8184 |
| May | 52.7887 | 52.0261 | 52.2783 |
| June | 52.3950 | 52.0940 | 52.2405 |
| July | 52.2048 | 51.7109 | 51.9700 |
| August | 53.1496 | 51.8231 | 52.3416 |
| September | 53.8564 | 52.2714 | 53.1979 |
| October | 53.7714 | 53.1126 | 53.4395 |
| November | 63.9730 | 52.0541 | 53.3269 |
| December | 53.4523 | 52.5512 | 53.1689 |