2020 PGK to USD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 PGK to USD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the PGK to USD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 9, valuing the pair at 0.3001. Conversely, the yearly low was recorded on October 29, dropping to 0.2814.
This high-to-low spread represents a total annual volatility of 0.0187 USD. From a start-to-finish perspective, comparing the January average rate of 0.2939 to the December average rate of 0.2844, the exchange rate registered a net change of -3.23% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 0.3001 was down 15.61% compared to the 2019 peak of 0.3556, 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 USD 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 0.2912, compared to 0.2855 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0057 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was February, with a trading range of 0.0104 USD (High: 0.3001 / Low: 0.2897). On the other end, December was the most stable month, with a tight range of 0.0024 USD (High: 0.2849 / Low: 0.2825).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0032 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2020: 0.2939) against the same month in 2019 (average: 0.2971), the exchange rate shifted by -0.0032 (-1.08%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 0.2959 | 0.2904 | 0.2939 |
| February | 0.3001 | 0.2897 | 0.2939 |
| March | 0.2939 | 0.2870 | 0.2918 |
| April | 0.2928 | 0.2872 | 0.2902 |
| May | 0.2915 | 0.2849 | 0.2886 |
| June | 0.2903 | 0.2868 | 0.2891 |
| July | 0.2922 | 0.2841 | 0.2881 |
| August | 0.2888 | 0.2831 | 0.2849 |
| September | 0.2911 | 0.2823 | 0.2863 |
| October | 0.2861 | 0.2814 | 0.2852 |
| November | 0.2853 | 0.2816 | 0.2843 |
| December | 0.2849 | 0.2825 | 0.2844 |