YEARLY HIGH
2.0439 TRY
YEARLY LOW
1.5322 TRY
YEARLY AVERAGE
1.6791 TRY

2019 PGK to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the PGK to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on November 17, valuing the pair at 2.0439. Conversely, the yearly low was recorded on January 31, dropping to 1.5322.

This high-to-low spread represents a total annual volatility of 0.5117 TRY. From a start-to-finish perspective, comparing the January average rate of 1.5934 to the December average rate of 1.7186, the exchange rate registered a net change of 7.86% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 2.0439 was down 2.54% compared to the 2018 peak of 2.0972, 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 10,220 TRY
2018 Average 7,356 TRY
Yearly Trough Low 7,661 TRY
Transaction Impact: A difference of 2,558.61 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

1.8122
1.5448
JanuMarcMayJulySeptNove

PGK to TRY 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 1.6681, compared to 1.6902 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0221 points.

H1 Avg (Jan–Jun) 1.6681
H2 Avg (Jul–Dec) 1.6902

Volatility Range Comparison

Volatility

The most volatile month in 2019 was November, with a trading range of 0.3886 TRY (High: 2.0439 / Low: 1.6553). On the other end, February was the most stable month, with a tight range of 0.0386 TRY (High: 1.5856 / Low: 1.5470).

November Spread (Volatile) ±0.3886
February Spread (Stable) ±0.0386

Growth Streaks & Declines

Trends

Between February and May, 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 May and June, when the average rate fell by 0.0691 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0691

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2019: 1.6964) against the same month in 2018 (average: 1.5968), the exchange rate shifted by +0.0996 (+6.24%).

2019 Avg (November) 1.6964
2018 Avg (November) 1.5968

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.6407 1.5322 1.5934
February 1.5856 1.5470 1.5671
March 1.7106 1.5899 1.6255
April 1.7708 1.6344 1.7119
May 1.8282 1.7297 1.7899
June 1.7472 1.6884 1.7208
July 1.6967 1.6466 1.6745
August 1.7442 1.6149 1.6636
September 1.7174 1.6445 1.6809
October 1.7441 1.6709 1.7071
November 2.0439 1.6553 1.6964
December 1.7526 1.6761 1.7186