2019 PGK to NPR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 PGK to NPR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the PGK to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 17, valuing the pair at 40.7838. Conversely, the yearly low was recorded on July 16, dropping to 32.2890.
This high-to-low spread represents a total annual volatility of 8.4948 NPR. From a start-to-finish perspective, comparing the January average rate of 33.5918 to the December average rate of 33.4106, the exchange rate registered a net change of -0.54% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2019 high of 40.7838 was up 14.99% compared to the 2018 peak of 35.4675, 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 2019.
PGK to NPR 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 33.2146, compared to 33.3460 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1314 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was November, with a trading range of 7.6844 NPR (High: 40.7838 / Low: 33.0994). On the other end, July was the most stable month, with a tight range of 0.3645 NPR (High: 32.6535 / Low: 32.2890).
Growth Streaks & Declines
TrendsBetween March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.8498 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2019: 33.7746) against the same month in 2018 (average: 34.2418), the exchange rate shifted by -0.4672 (-1.36%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 33.9325 | 33.0313 | 33.5918 |
| February | 34.0792 | 33.4723 | 33.8045 |
| March | 33.7112 | 32.4442 | 32.9547 |
| April | 33.3614 | 32.6538 | 32.9637 |
| May | 33.4133 | 32.8513 | 33.0872 |
| June | 33.1017 | 32.6748 | 32.8858 |
| July | 32.6535 | 32.2890 | 32.4687 |
| August | 33.8764 | 32.6184 | 33.4018 |
| September | 33.9972 | 33.1871 | 33.5425 |
| October | 33.7110 | 33.1348 | 33.4781 |
| November | 40.7838 | 33.0994 | 33.7746 |
| December | 33.7523 | 33.0506 | 33.4106 |