YEARLY HIGH
3.4594 NOK
YEARLY LOW
2.4298 NOK
YEARLY AVERAGE
2.7175 NOK

2020 PGK to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the PGK to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 20, valuing the pair at 3.4594. Conversely, the yearly low was recorded on December 31, dropping to 2.4298.

This high-to-low spread represents a total annual volatility of 1.0296 NOK. From a start-to-finish perspective, comparing the January average rate of 2.6284 to the December average rate of 2.4751, the exchange rate registered a net change of -5.83% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 3.4594 was up 7.07% compared to the 2019 peak of 3.2310, 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 17,297 NOK
2019 Average 13,004 NOK
Yearly Trough Low 12,149 NOK
Transaction Impact: A difference of 5,147.95 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

3.0792
2.4202
JanuMarcMayJulySeptNove

PGK to NOK 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 2.8424, compared to 2.5926 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2497 points.

H1 Avg (Jan–Jun) 2.8424
H2 Avg (Jul–Dec) 2.5926

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.7558 NOK (High: 3.4594 / Low: 2.7036). On the other end, December was the most stable month, with a tight range of 0.0829 NOK (High: 2.5127 / Low: 2.4298).

March Spread (Volatile) ±0.7558
December Spread (Stable) ±0.0829

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.1535 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1535

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 2.9995) against the same month in 2019 (average: 2.5498), the exchange rate shifted by +0.4497 (+17.64%).

2020 Avg (March) 2.9995
2019 Avg (March) 2.5498

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.7236 2.5601 2.6284
February 2.7918 2.6774 2.7302
March 3.4594 2.7036 2.9995
April 3.1146 2.9382 3.0243
May 3.0256 2.8168 2.9127
June 2.8222 2.6631 2.7592
July 2.7597 2.5893 2.6798
August 2.6171 2.4741 2.5493
September 2.7426 2.4794 2.6200
October 2.7127 2.6111 2.6505
November 2.7284 2.5070 2.5811
December 2.5127 2.4298 2.4751