YEARLY HIGH
2.4322 TRY
YEARLY LOW
1.7069 TRY
YEARLY AVERAGE
2.0226 TRY

2020 PGK to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the PGK to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on November 6, valuing the pair at 2.4322. Conversely, the yearly low was recorded on January 11, dropping to 1.7069.

This high-to-low spread represents a total annual volatility of 0.7254 TRY. From a start-to-finish perspective, comparing the January average rate of 1.7412 to the December average rate of 2.1905, the exchange rate registered a net change of 25.80% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.4322 was up 19.00% compared to the 2019 peak of 2.0439, 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 12,161 TRY
2019 Average 8,399 TRY
Yearly Trough Low 8,534 TRY
Transaction Impact: A difference of 3,626.77 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.3196
1.6887
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 1.8890, compared to 2.1562 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2671 points.

H1 Avg (Jan–Jun) 1.8890
H2 Avg (Jul–Dec) 2.1562

Volatility Range Comparison

Volatility

The most volatile month in 2020 was November, with a trading range of 0.2910 TRY (High: 2.4322 / Low: 2.1413). On the other end, July was the most stable month, with a tight range of 0.0439 TRY (High: 2.0049 / Low: 1.9610).

November Spread (Volatile) ±0.2910
July Spread (Stable) ±0.0439

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0741 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0741

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2020: 2.2646) against the same month in 2019 (average: 1.6964), the exchange rate shifted by +0.5682 (+33.49%).

2020 Avg (November) 2.2646
2019 Avg (November) 1.6964

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.7698 1.7069 1.7412
February 1.8334 1.7339 1.7830
March 1.9246 1.7813 1.8517
April 2.0329 1.9181 1.9881
May 2.0741 1.9253 1.9989
June 1.9904 1.9391 1.9712
July 2.0049 1.9610 1.9799
August 2.1328 1.9772 2.0739
September 2.2221 2.0883 2.1611
October 2.3797 2.2000 2.2670
November 2.4322 2.1413 2.2646
December 2.2428 2.1018 2.1905