YEARLY HIGH
0.8147 TOP
YEARLY LOW
0.6539 TOP
YEARLY AVERAGE
0.6771 TOP

2019 PGK to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the PGK to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 17, valuing the pair at 0.8147. Conversely, the yearly low was recorded on April 1, dropping to 0.6539.

This high-to-low spread represents a total annual volatility of 0.1608 TOP. From a start-to-finish perspective, comparing the January average rate of 0.6741 to the December average rate of 0.6747, the exchange rate registered a net change of 0.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.8147 was up 14.23% compared to the 2018 peak of 0.7132, 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 4,073 TOP
2018 Average 3,458 TOP
Yearly Trough Low 3,269 TOP
Transaction Impact: A difference of 803.95 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.6864
0.6691
JanuMarcMayJulySeptNove

PGK to TOP 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 0.6740, compared to 0.6801 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0061 points.

H1 Avg (Jan–Jun) 0.6740
H2 Avg (Jul–Dec) 0.6801

Volatility Range Comparison

Volatility

The most volatile month in 2019 was November, with a trading range of 0.1425 TOP (High: 0.8147 / Low: 0.6721). On the other end, May was the most stable month, with a tight range of 0.0054 TOP (High: 0.6811 / Low: 0.6757).

November Spread (Volatile) ±0.1425
May Spread (Stable) ±0.0054

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 0.0099 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0099

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2019: 0.6847) against the same month in 2018 (average: 0.6833), the exchange rate shifted by +0.0013 (+0.20%).

2019 Avg (November) 0.6847
2018 Avg (November) 0.6833

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6829 0.6651 0.6741
February 0.6742 0.6671 0.6708
March 0.6741 0.6679 0.6706
April 0.6799 0.6539 0.6726
May 0.6811 0.6757 0.6791
June 0.6834 0.6723 0.6770
July 0.6774 0.6669 0.6728
August 0.6944 0.6745 0.6811
September 0.6892 0.6749 0.6824
October 0.6892 0.6771 0.6849
November 0.8147 0.6721 0.6847
December 0.6817 0.6655 0.6747