YEARLY HIGH
2.6775 PGK
YEARLY LOW
2.3352 PGK
YEARLY AVERAGE
2.5154 PGK

2020 SGD to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the SGD to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 2.6775. Conversely, the yearly low was recorded on March 23, dropping to 2.3352.

This high-to-low spread represents a total annual volatility of 0.3422 PGK. From a start-to-finish perspective, comparing the January average rate of 2.5191 to the December average rate of 2.6397, the exchange rate registered a net change of 4.79% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.6775 was up 5.20% compared to the 2019 peak of 2.5452, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13,387 PGK
2019 Average 12,402 PGK
Yearly Trough Low 11,676 PGK
Transaction Impact: A difference of 1,711.22 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.6617
2.3984
JanuMarcMayJulySeptNove

SGD 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 2.4556, compared to 2.5753 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1197 points.

H1 Avg (Jan–Jun) 2.4556
H2 Avg (Jul–Dec) 2.5753

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.1606 PGK (High: 2.4958 / Low: 2.3352). On the other end, October was the most stable month, with a tight range of 0.0353 PGK (High: 2.6014 / Low: 2.5661).

March Spread (Volatile) ±0.1606
October Spread (Stable) ±0.0353

Growth Streaks & Declines

Trends

Between March and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0698 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0698

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 2.6397) against the same month in 2019 (average: 2.5128), the exchange rate shifted by +0.1270 (+5.05%).

2020 Avg (December) 2.6397
2019 Avg (December) 2.5128

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.5527 2.4764 2.5191
February 2.5189 2.3942 2.4493
March 2.4958 2.3352 2.4203
April 2.4565 2.3736 2.4207
May 2.4766 2.4141 2.4425
June 2.5079 2.4654 2.4815
July 2.5518 2.4712 2.5010
August 2.5932 2.5297 2.5633
September 2.5938 2.5110 2.5564
October 2.6014 2.5661 2.5789
November 2.6398 2.5656 2.6121
December 2.6775 2.6256 2.6397