YEARLY HIGH
0.9761 PGK
YEARLY LOW
0.9151 PGK
YEARLY AVERAGE
0.9525 PGK

2020 QAR to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the QAR to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 29, valuing the pair at 0.9761. Conversely, the yearly low was recorded on February 9, dropping to 0.9151.

This high-to-low spread represents a total annual volatility of 0.0610 PGK. From a start-to-finish perspective, comparing the January average rate of 0.9346 to the December average rate of 0.9656, the exchange rate registered a net change of 3.31% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.9761 was up 2.95% compared to the 2019 peak of 0.9481, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 QAR based on timing:

Yearly Peak High 4,880 PGK
2019 Average 4,646 PGK
Yearly Trough Low 4,576 PGK
Transaction Impact: A difference of 304.82 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.9693
0.9313
JanuMarcMayJulySeptNove

QAR to PGK 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 0.9431, compared to 0.9619 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0188 points.

H1 Avg (Jan–Jun) 0.9431
H2 Avg (Jul–Dec) 0.9619

Volatility Range Comparison

Volatility

The most volatile month in 2020 was February, with a trading range of 0.0331 PGK (High: 0.9482 / Low: 0.9151). On the other end, December was the most stable month, with a tight range of 0.0085 PGK (High: 0.9720 / Low: 0.9635).

February Spread (Volatile) ±0.0331
December Spread (Stable) ±0.0085

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 August and September, when the average rate fell by 0.0043 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0043

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2020: 0.9631) against the same month in 2019 (average: 0.9322), the exchange rate shifted by +0.0309 (+3.32%).

2020 Avg (October) 0.9631
2019 Avg (October) 0.9322

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9458 0.9283 0.9346
February 0.9482 0.9151 0.9345
March 0.9583 0.9345 0.9415
April 0.9565 0.9379 0.9464
May 0.9640 0.9420 0.9514
June 0.9576 0.9462 0.9499
July 0.9667 0.9400 0.9532
August 0.9698 0.9510 0.9637
September 0.9730 0.9434 0.9594
October 0.9761 0.9598 0.9631
November 0.9754 0.9626 0.9662
December 0.9720 0.9635 0.9656