YEARLY HIGH
1328.5617 MGA
YEARLY LOW
715.1221 MGA
YEARLY AVERAGE
1073.7631 MGA

2019 PGK to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the PGK to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on November 17, valuing the pair at 1328.5617. Conversely, the yearly low was recorded on December 16, dropping to 715.1221.

This high-to-low spread represents a total annual volatility of 613.4396 MGA. From a start-to-finish perspective, comparing the January average rate of 1058.0357 to the December average rate of 1057.7701, the exchange rate registered a net change of -0.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 1328.5617 was up 21.90% compared to the 2018 peak of 1089.8990, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 PGK based on timing:

Yearly Peak High 6,642,808 MGA
2018 Average 5,082,786 MGA
Yearly Trough Low 3,575,610 MGA
Transaction Impact: A difference of 3,067,198.15 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

1106.4904
1044.7310
JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 1064.8603, compared to 1082.6659 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 17.8056 points.

H1 Avg (Jan–Jun) 1064.8603
H2 Avg (Jul–Dec) 1082.6659

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 367.2768 MGA (High: 1082.3989 / Low: 715.1221). On the other end, June was the most stable month, with a tight range of 14.8679 MGA (High: 1087.1734 / Low: 1072.3055).

December Spread (Volatile) ±367.2768
June Spread (Stable) ±14.8679

Growth Streaks & Declines

Trends

Between March and May, 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 November and December, when the average rate fell by 32.9300 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -32.9300

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2019: 1090.7001) against the same month in 2018 (average: 1071.6119), the exchange rate shifted by +19.0882 (+1.78%).

2019 Avg (November) 1090.7001
2018 Avg (November) 1071.6119

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1083.2207 1034.1002 1058.0357
February 1075.0830 1028.7511 1050.7542
March 1061.4842 1034.7890 1049.8777
April 1083.0405 1055.3951 1070.9018
May 1090.6307 1070.7379 1080.1565
June 1087.1734 1072.3055 1079.4359
July 1085.5239 1064.0648 1073.9457
August 1097.3248 1078.1135 1086.0667
September 1112.9360 1085.3649 1101.3438
October 1101.1650 1075.3323 1086.1690
November 1328.5617 1057.6393 1090.7001
December 1082.3989 715.1221 1057.7701