2020 PGK to LKR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 PGK to LKR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the PGK to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 7, valuing the pair at 56.5605. Conversely, the yearly low was recorded on October 29, dropping to 51.8616.
This high-to-low spread represents a total annual volatility of 4.6989 LKR. From a start-to-finish perspective, comparing the January average rate of 53.3192 to the December average rate of 53.2294, the exchange rate registered a net change of -0.17% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 56.5605 was down 11.59% compared to the 2019 peak of 63.9730, 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 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 54.0158, compared to 52.9315 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.0842 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 2.3253 LKR (High: 55.0438 / Low: 52.7186). On the other end, November was the most stable month, with a tight range of 0.7350 LKR (High: 52.7867 / Low: 52.0517).
Growth Streaks & Declines
TrendsBetween January and April, 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 April and May, when the average rate fell by 1.5053 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2020: 55.6188) against the same month in 2019 (average: 51.8184), the exchange rate shifted by +3.8004 (+7.33%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 53.7311 | 52.6577 | 53.3192 |
| February | 54.4558 | 52.5657 | 53.3692 |
| March | 55.0438 | 52.7186 | 53.9153 |
| April | 56.5605 | 54.8560 | 55.6188 |
| May | 55.4638 | 53.1457 | 54.1135 |
| June | 54.1288 | 53.0959 | 53.7585 |
| July | 54.2533 | 52.7647 | 53.5429 |
| August | 53.4206 | 51.9726 | 52.7039 |
| September | 53.7785 | 52.2775 | 52.9733 |
| October | 52.8028 | 51.8616 | 52.5831 |
| November | 52.7867 | 52.0517 | 52.5566 |
| December | 54.1915 | 52.3305 | 53.2294 |