2013 PGK to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2013.
2013 PGK to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2013
During 2013, the PGK to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on February 25, valuing the pair at 1108.9063. Conversely, the yearly low was recorded on October 26, dropping to 828.4636.
This high-to-low spread represents a total annual volatility of 280.4428 MGA. From a start-to-finish perspective, comparing the January average rate of 1073.7102 to the December average rate of 898.3314, the exchange rate registered a net change of -16.33% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2013 high of 1108.9063 was down 1.05% compared to the 2012 peak of 1120.7260, 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 2013.
PGK to MGA 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 1037.3143, compared to 904.2470 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 133.0673 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2013 was April, with a trading range of 74.2175 MGA (High: 1068.8288 / Low: 994.6113). On the other end, December was the most stable month, with a tight range of 22.3482 MGA (High: 910.2684 / Low: 887.9203).
Growth Streaks & Declines
TrendsBetween October and December, 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 August and September, when the average rate fell by 45.9518 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2013: 1069.0326) against the same month in 2012 (average: 1036.7088), the exchange rate shifted by +32.3238 (+3.12%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1107.8141 | 1043.7432 | 1073.7102 |
| February | 1108.9063 | 1045.4297 | 1069.0326 |
| March | 1078.0150 | 1034.9773 | 1063.4155 |
| April | 1068.8288 | 994.6113 | 1026.2463 |
| May | 1030.8846 | 968.5171 | 1012.2557 |
| June | 1001.2502 | 963.1410 | 979.2258 |
| July | 994.4327 | 954.0011 | 973.4995 |
| August | 960.8106 | 918.5346 | 940.2796 |
| September | 926.5689 | 858.1860 | 894.3278 |
| October | 890.1620 | 828.4636 | 855.8587 |
| November | 884.7259 | 835.5354 | 863.1852 |
| December | 910.2684 | 887.9203 | 898.3314 |