2019 PGK to MMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 PGK to MMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the PGK to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 17, valuing the pair at 537.6640. Conversely, the yearly low was recorded on December 30, dropping to 431.2013.
This high-to-low spread represents a total annual volatility of 106.4627 MMK. From a start-to-finish perspective, comparing the January average rate of 455.7012 to the December average rate of 439.9744, the exchange rate registered a net change of -3.45% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2019 high of 537.6640 was up 9.83% compared to the 2018 peak of 489.5416, 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 2019.
PGK to MMK 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 452.6678, compared to 446.9055 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 5.7623 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was November, with a trading range of 100.1849 MMK (High: 537.6640 / Low: 437.4792). On the other end, July was the most stable month, with a tight range of 3.8309 MMK (High: 448.2899 / Low: 444.4591).
Growth Streaks & Declines
TrendsBetween August and October, 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 7.7937 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2019: 447.7681) against the same month in 2018 (average: 475.9751), the exchange rate shifted by -28.2070 (-5.93%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 459.7597 | 449.1678 | 455.7012 |
| February | 460.6359 | 449.4568 | 454.4069 |
| March | 456.7328 | 448.3165 | 451.5061 |
| April | 454.6789 | 445.4420 | 449.5932 |
| May | 456.9193 | 450.3916 | 453.8810 |
| June | 453.5713 | 447.1646 | 450.9184 |
| July | 448.2899 | 444.4591 | 446.4246 |
| August | 448.5154 | 441.5341 | 446.2777 |
| September | 453.5948 | 444.4460 | 450.0114 |
| October | 453.3967 | 447.8073 | 450.9766 |
| November | 537.6640 | 437.4792 | 447.7681 |
| December | 444.5517 | 431.2013 | 439.9744 |