YEARLY HIGH
107.1449 MRO
YEARLY LOW
100.4531 MRO
YEARLY AVERAGE
102.9551 MRO

2020 PGK to MRO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the PGK to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on February 9, valuing the pair at 107.1449. Conversely, the yearly low was recorded on October 29, dropping to 100.4531.

This high-to-low spread represents a total annual volatility of 6.6919 MRO. From a start-to-finish perspective, comparing the January average rate of 104.9130 to the December average rate of 101.5259, the exchange rate registered a net change of -3.23% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 107.1449 was down 15.61% compared to the 2019 peak of 126.9607, 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 535,725 MRO
2019 Average 527,637 MRO
Yearly Trough Low 502,265 MRO
Transaction Impact: A difference of 33,459.32 MRO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

105.2697
101.1384
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 103.9760, compared to 101.9342 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.0418 points.

H1 Avg (Jan–Jun) 103.9760
H2 Avg (Jul–Dec) 101.9342

Volatility Range Comparison

Volatility

The most volatile month in 2020 was February, with a trading range of 3.7228 MRO (High: 107.1449 / Low: 103.4221). On the other end, December was the most stable month, with a tight range of 0.8411 MRO (High: 101.7094 / Low: 100.8683).

February Spread (Volatile) ±3.7228
December Spread (Stable) ±0.8411

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 1.1508 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -1.1508

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 104.9254) against the same month in 2019 (average: 106.0736), the exchange rate shifted by -1.1482 (-1.08%).

2020 Avg (February) 104.9254
2019 Avg (February) 106.0736

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 105.6213 103.6728 104.9130
February 107.1449 103.4221 104.9254
March 104.9369 102.4496 104.1577
April 104.5388 102.5140 103.6006
May 104.0816 101.7094 103.0418
June 103.6284 102.3908 103.2177
July 104.3097 101.4385 102.8686
August 103.1048 101.0521 101.7179
September 103.9301 100.7743 102.2062
October 102.1523 100.4531 101.8041
November 101.8545 100.5230 101.4827
December 101.7094 100.8683 101.5259