2020 PGK to MRO Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
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.
Comparing the value generated converting 5,000 PGK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsNo 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |