2019 PGK to SBD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 PGK to SBD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the PGK to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 17, valuing the pair at 2.9531. Conversely, the yearly low was recorded on April 1, dropping to 2.3716.
This high-to-low spread represents a total annual volatility of 0.5816 SBD. From a start-to-finish perspective, comparing the January average rate of 2.4106 to the December average rate of 2.4304, the exchange rate registered a net change of 0.82% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2019 high of 2.9531 was up 20.93% compared to the 2018 peak of 2.4421, 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 SBD 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 2.4179, compared to 2.4299 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0120 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was November, with a trading range of 0.5639 SBD (High: 2.9531 / Low: 2.3893). On the other end, June was the most stable month, with a tight range of 0.0203 SBD (High: 2.4417 / Low: 2.4214).
Growth Streaks & Declines
TrendsBetween March and June, 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 July and August, when the average rate fell by 0.0255 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2019: 2.4447) against the same month in 2018 (average: 2.3823), the exchange rate shifted by +0.0624 (+2.62%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 2.4565 | 2.3720 | 2.4106 |
| February | 2.4403 | 2.3759 | 2.4106 |
| March | 2.4312 | 2.3825 | 2.4092 |
| April | 2.4340 | 2.3716 | 2.4166 |
| May | 2.4436 | 2.3965 | 2.4264 |
| June | 2.4417 | 2.4214 | 2.4338 |
| July | 2.4550 | 2.4096 | 2.4336 |
| August | 2.4305 | 2.3884 | 2.4081 |
| September | 2.4522 | 2.3833 | 2.4254 |
| October | 2.4563 | 2.4175 | 2.4372 |
| November | 2.9531 | 2.3893 | 2.4447 |
| December | 2.4459 | 2.4062 | 2.4304 |