2020 PGK to MVR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 PGK to MVR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the PGK to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 9, valuing the pair at 4.6429. Conversely, the yearly low was recorded on October 29, dropping to 4.3333.
This high-to-low spread represents a total annual volatility of 0.3097 MVR. From a start-to-finish perspective, comparing the January average rate of 4.5417 to the December average rate of 4.3833, the exchange rate registered a net change of -3.49% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 4.6429 was down 14.95% compared to the 2019 peak of 5.4590, 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 MVR 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 4.4994, compared to 4.3990 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1003 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was February, with a trading range of 0.1642 MVR (High: 4.6429 / Low: 4.4787). On the other end, December was the most stable month, with a tight range of 0.0433 MVR (High: 4.3945 / Low: 4.3512).
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 0.0488 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2020: 4.5414) against the same month in 2019 (average: 4.5935), the exchange rate shifted by -0.0520 (-1.13%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 4.5740 | 4.4896 | 4.5417 |
| February | 4.6429 | 4.4787 | 4.5414 |
| March | 4.5580 | 4.4523 | 4.5069 |
| April | 4.5124 | 4.4239 | 4.4747 |
| May | 4.5190 | 4.4017 | 4.4664 |
| June | 4.4928 | 4.4210 | 4.4650 |
| July | 4.5026 | 4.3758 | 4.4386 |
| August | 4.4505 | 4.3619 | 4.3898 |
| September | 4.4833 | 4.3471 | 4.4104 |
| October | 4.4109 | 4.3333 | 4.3932 |
| November | 4.3966 | 4.3391 | 4.3789 |
| December | 4.3945 | 4.3512 | 4.3833 |