2020 PGK to MWK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 PGK to MWK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the PGK to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 9, valuing the pair at 220.2611. Conversely, the yearly low was recorded on May 23, dropping to 209.7004.
This high-to-low spread represents a total annual volatility of 10.5606 MWK. From a start-to-finish perspective, comparing the January average rate of 216.3568 to the December average rate of 218.1429, the exchange rate registered a net change of 0.83% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 220.2611 was down 15.65% compared to the 2019 peak of 261.1308, 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 MWK 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 214.3797, compared to 214.7616 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3819 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was February, with a trading range of 6.8928 MWK (High: 220.2611 / Low: 213.3682). On the other end, June was the most stable month, with a tight range of 2.4406 MWK (High: 214.1823 / Low: 211.7417).
Growth Streaks & Declines
TrendsBetween July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 1.2036 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2020: 215.8595) against the same month in 2019 (average: 216.4826), the exchange rate shifted by -0.6230 (-0.29%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 218.1953 | 213.7979 | 216.3568 |
| February | 220.2611 | 213.3682 | 215.8595 |
| March | 216.5932 | 212.3653 | 214.7773 |
| April | 215.8010 | 210.2769 | 213.5736 |
| May | 215.0146 | 209.7004 | 212.4942 |
| June | 214.1823 | 211.7417 | 213.2170 |
| July | 215.4858 | 210.1590 | 212.3607 |
| August | 215.3539 | 209.8802 | 212.4479 |
| September | 218.1951 | 211.9799 | 214.6107 |
| October | 216.1313 | 212.9293 | 214.9663 |
| November | 217.4037 | 213.2945 | 216.0411 |
| December | 219.7101 | 216.6677 | 218.1429 |