2020 PGK to LRD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 PGK to LRD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the PGK to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 9, valuing the pair at 58.8247. Conversely, the yearly low was recorded on November 18, dropping to 44.0929.
This high-to-low spread represents a total annual volatility of 14.7317 LRD. From a start-to-finish perspective, comparing the January average rate of 56.2664 to the December average rate of 45.8638, the exchange rate registered a net change of -18.49% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 58.8247 was down 15.98% compared to the 2019 peak of 70.0151, 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 LRD 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 57.3420, compared to 53.2812 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.0609 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was November, with a trading range of 8.0604 LRD (High: 52.1533 / Low: 44.0929). On the other end, June was the most stable month, with a tight range of 0.7625 LRD (High: 57.8375 / Low: 57.0749).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 8.1797 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2020: 57.7717) against the same month in 2019 (average: 47.8512), the exchange rate shifted by +9.9206 (+20.73%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 57.7663 | 54.7336 | 56.2664 |
| February | 58.8247 | 56.4990 | 57.7717 |
| March | 58.1498 | 56.8208 | 57.6970 |
| April | 57.9810 | 56.9140 | 57.4842 |
| May | 57.8717 | 56.5242 | 57.2763 |
| June | 57.8375 | 57.0749 | 57.5567 |
| July | 58.2323 | 56.6152 | 57.4289 |
| August | 57.5596 | 56.4137 | 56.7883 |
| September | 58.0058 | 56.1763 | 57.0030 |
| October | 56.7880 | 51.6475 | 55.3914 |
| November | 52.1533 | 44.0929 | 47.2117 |
| December | 46.6453 | 44.7909 | 45.8638 |