YEARLY HIGH
0.0687 PGK
YEARLY LOW
0.0652 PGK
YEARLY AVERAGE
0.0674 PGK

2020 GMD to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the GMD to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 29, valuing the pair at 0.0687. Conversely, the yearly low was recorded on February 9, dropping to 0.0652.

This high-to-low spread represents a total annual volatility of 0.0035 PGK. From a start-to-finish perspective, comparing the January average rate of 0.0665 to the December average rate of 0.0679, the exchange rate registered a net change of 2.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0687 was down 0.14% compared to the 2019 peak of 0.0688, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 343 PGK
2019 Average 338 PGK
Yearly Trough Low 326 PGK
Transaction Impact: A difference of 17.28 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0681
0.0663
JanuMarcMayJulySeptNove

GMD 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 0.0671, compared to 0.0677 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0671
H2 Avg (Jul–Dec) 0.0677

Volatility Range Comparison

Volatility

The most volatile month in 2020 was February, with a trading range of 0.0023 PGK (High: 0.0675 / Low: 0.0652). On the other end, December was the most stable month, with a tight range of 0.0006 PGK (High: 0.0684 / Low: 0.0678).

February Spread (Volatile) ±0.0023
December Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between January and April, 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 0.0004 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2020: 0.0678) against the same month in 2019 (average: 0.0669), the exchange rate shifted by +0.0009 (+1.30%).

2020 Avg (October) 0.0678
2019 Avg (October) 0.0669

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0673 0.0659 0.0665
February 0.0675 0.0652 0.0667
March 0.0684 0.0667 0.0673
April 0.0683 0.0670 0.0676
May 0.0682 0.0669 0.0675
June 0.0677 0.0666 0.0670
July 0.0679 0.0661 0.0671
August 0.0682 0.0668 0.0677
September 0.0685 0.0664 0.0675
October 0.0687 0.0675 0.0678
November 0.0686 0.0677 0.0680
December 0.0684 0.0678 0.0679