YEARLY HIGH
126.9607 MRO
YEARLY LOW
103.5277 MRO
YEARLY AVERAGE
105.5316 MRO

2019 PGK to MRO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the PGK to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on November 17, valuing the pair at 126.9607. Conversely, the yearly low was recorded on December 25, dropping to 103.5277.

This high-to-low spread represents a total annual volatility of 23.4331 MRO. From a start-to-finish perspective, comparing the January average rate of 106.1340 to the December average rate of 104.7386, the exchange rate registered a net change of -1.31% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 126.9607 was up 13.94% compared to the 2018 peak of 111.4241, 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 634,804 MRO
2018 Average 540,649 MRO
Yearly Trough Low 517,638 MRO
Transaction Impact: A difference of 117,165.25 MRO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

106.2735
104.5990
JanuMarcMayJulySeptNove

PGK to MRO 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 105.8836, compared to 105.1796 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.7041 points.

H1 Avg (Jan–Jun) 105.8836
H2 Avg (Jul–Dec) 105.1796

Volatility Range Comparison

Volatility

The most volatile month in 2019 was November, with a trading range of 23.3758 MRO (High: 126.9607 / Low: 103.5849). On the other end, February was the most stable month, with a tight range of 0.3247 MRO (High: 106.2500 / Low: 105.9253).

November Spread (Volatile) ±23.3758
February Spread (Stable) ±0.3247

Growth Streaks & Declines

Trends

Between September and November, 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 0.7635 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.7635

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2019: 105.5021) against the same month in 2018 (average: 106.3364), the exchange rate shifted by -0.8343 (-0.78%).

2019 Avg (November) 105.5021
2018 Avg (November) 106.3364

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 106.7606 105.5764 106.1340
February 106.2500 105.9253 106.0736
March 106.1884 105.5635 105.8191
April 106.2500 105.2426 105.8161
May 106.2500 105.4091 105.8210
June 106.1782 105.3490 105.6380
July 105.9347 105.0212 105.4196
August 106.8327 103.5791 105.1410
September 105.8602 103.6053 105.0786
October 105.6213 104.4051 105.1975
November 126.9607 103.5849 105.5021
December 105.3097 103.5277 104.7386