2020 PGK to STD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 PGK to STD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the PGK to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 9, valuing the pair at 6569.3873. Conversely, the yearly low was recorded on December 31, dropping to 5761.0776.
This high-to-low spread represents a total annual volatility of 808.3098 STD. From a start-to-finish perspective, comparing the January average rate of 6336.1539 to the December average rate of 5879.4670, the exchange rate registered a net change of -7.21% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 6569.3873 was down 14.32% compared to the 2019 peak of 7667.7135, 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 STD 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 6394.6991, compared to 6020.1185 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 374.5805 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was February, with a trading range of 322.3999 STD (High: 6569.3873 / Low: 6246.9874). On the other end, June was the most stable month, with a tight range of 84.6846 STD (High: 6400.6308 / Low: 6315.9462).
Growth Streaks & Declines
TrendsBetween January and March, 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 July and August, when the average rate fell by 264.9204 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2020: 6448.3064) against the same month in 2019 (average: 6254.6554), the exchange rate shifted by +193.6511 (+3.10%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 6378.9320 | 6261.2555 | 6336.1539 |
| February | 6569.3873 | 6246.9874 | 6448.3064 |
| March | 6506.3167 | 6328.5673 | 6448.7297 |
| April | 6457.2141 | 6331.9482 | 6400.0167 |
| May | 6428.7735 | 6282.1500 | 6364.4832 |
| June | 6400.6308 | 6315.9462 | 6370.5045 |
| July | 6381.6156 | 6143.9204 | 6280.6036 |
| August | 6147.6196 | 5936.7007 | 6015.6832 |
| September | 6123.3805 | 5928.2410 | 6001.8604 |
| October | 6015.4081 | 5886.2852 | 5986.4731 |
| November | 6003.1250 | 5889.6807 | 5956.6240 |
| December | 5954.5710 | 5761.0776 | 5879.4670 |