YEARLY HIGH
0.5557 NZD
YEARLY LOW
0.4277 NZD
YEARLY AVERAGE
0.4487 NZD

2019 PGK to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the PGK to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 17, valuing the pair at 0.5557. Conversely, the yearly low was recorded on January 31, dropping to 0.4277.

This high-to-low spread represents a total annual volatility of 0.1279 NZD. From a start-to-finish perspective, comparing the January average rate of 0.4385 to the December average rate of 0.4445, the exchange rate registered a net change of 1.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.5557 was up 19.72% compared to the 2018 peak of 0.4641, 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 2,778 NZD
2018 Average 2,200 NZD
Yearly Trough Low 2,139 NZD
Transaction Impact: A difference of 639.57 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.4679
0.4306
JanuMarcMayJulySeptNove

PGK to NZD 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 0.4414, compared to 0.4560 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0146 points.

H1 Avg (Jan–Jun) 0.4414
H2 Avg (Jul–Dec) 0.4560

Volatility Range Comparison

Volatility

The most volatile month in 2019 was November, with a trading range of 0.1044 NZD (High: 0.5557 / Low: 0.4512). On the other end, May was the most stable month, with a tight range of 0.0079 NZD (High: 0.4557 / Low: 0.4479).

November Spread (Volatile) ±0.1044
May Spread (Stable) ±0.0079

Growth Streaks & Declines

Trends

Between July and October, 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 November and December, when the average rate fell by 0.0176 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0176

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2019: 0.4621) against the same month in 2018 (average: 0.4397), the exchange rate shifted by +0.0224 (+5.10%).

2019 Avg (November) 0.4621
2018 Avg (November) 0.4397

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4480 0.4277 0.4385
February 0.4411 0.4307 0.4348
March 0.4387 0.4284 0.4337
April 0.4504 0.4364 0.4416
May 0.4557 0.4479 0.4516
June 0.4557 0.4393 0.4482
July 0.4505 0.4344 0.4423
August 0.4705 0.4493 0.4578
September 0.4721 0.4566 0.4644
October 0.4720 0.4561 0.4648
November 0.5557 0.4512 0.4621
December 0.4532 0.4338 0.4445