YEARLY HIGH
1132.4786 MGA
YEARLY LOW
1054.5712 MGA
YEARLY AVERAGE
1098.4335 MGA

2020 PGK to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the PGK to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on November 17, valuing the pair at 1132.4786. Conversely, the yearly low was recorded on December 2, dropping to 1054.5712.

This high-to-low spread represents a total annual volatility of 77.9074 MGA. From a start-to-finish perspective, comparing the January average rate of 1081.6884 to the December average rate of 1085.8872, the exchange rate registered a net change of 0.39% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 1132.4786 was down 14.76% compared to the 2019 peak of 1328.5617, 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 5,662,393 MGA
2019 Average 5,369,113 MGA
Yearly Trough Low 5,272,856 MGA
Transaction Impact: A difference of 389,537.03 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1120.5821
1078.1527
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 1092.8812, compared to 1103.9859 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 11.1047 points.

H1 Avg (Jan–Jun) 1092.8812
H2 Avg (Jul–Dec) 1103.9859

Volatility Range Comparison

Volatility

The most volatile month in 2020 was December, with a trading range of 58.2371 MGA (High: 1112.8083 / Low: 1054.5712). On the other end, August was the most stable month, with a tight range of 20.4341 MGA (High: 1104.8795 / Low: 1084.4454).

December Spread (Volatile) ±58.2371
August Spread (Stable) ±20.4341

Growth Streaks & Declines

Trends

Between March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 28.8611 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -28.8611

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2020: 1114.7483) against the same month in 2019 (average: 1090.7001), the exchange rate shifted by +24.0482 (+2.20%).

2020 Avg (November) 1114.7483
2019 Avg (November) 1090.7001

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1099.1124 1070.0735 1081.6884
February 1110.4102 1065.6815 1088.6861
March 1106.3292 1060.0280 1086.0440
April 1106.8413 1082.7079 1095.1234
May 1108.7534 1086.3053 1099.4645
June 1120.2320 1082.7427 1106.2806
July 1118.0987 1089.6214 1107.6831
August 1104.8795 1084.4454 1093.2857
September 1120.8151 1086.0642 1105.2646
October 1128.0603 1105.1741 1117.0464
November 1132.4786 1074.6264 1114.7483
December 1112.8083 1054.5712 1085.8872