2019 PGK to MNT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 PGK to MNT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the PGK to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on November 17, valuing the pair at 954.4503. Conversely, the yearly low was recorded on June 5, dropping to 724.0898.
This high-to-low spread represents a total annual volatility of 230.3605 MNT. From a start-to-finish perspective, comparing the January average rate of 729.4855 to the December average rate of 791.0527, the exchange rate registered a net change of 8.44% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2019 high of 954.4503 was up 26.22% compared to the 2018 peak of 756.1607, 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 MNT 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 733.5314, compared to 787.3365 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 53.8052 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was November, with a trading range of 175.6717 MNT (High: 954.4503 / Low: 778.7786). On the other end, January was the most stable month, with a tight range of 8.1395 MNT (High: 733.7921 / Low: 725.6526).
Growth Streaks & Declines
TrendsBetween January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 11.3344 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2019: 793.3625) against the same month in 2018 (average: 742.3593), the exchange rate shifted by +51.0031 (+6.87%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 733.7921 | 725.6526 | 729.4855 |
| February | 748.5796 | 728.0511 | 735.2082 |
| March | 744.9841 | 726.4989 | 735.5266 |
| April | 745.9706 | 726.9311 | 739.8645 |
| May | 745.9298 | 724.5031 | 728.5301 |
| June | 785.7323 | 724.0898 | 732.5733 |
| July | 789.3614 | 780.3345 | 785.0111 |
| August | 796.2209 | 773.3037 | 784.4069 |
| September | 789.2696 | 773.4672 | 784.0505 |
| October | 791.6614 | 776.4010 | 786.1356 |
| November | 954.4503 | 778.7786 | 793.3625 |
| December | 795.3331 | 783.1821 | 791.0527 |