YEARLY HIGH
0.2549 PGK
YEARLY LOW
0.1911 PGK
YEARLY AVERAGE
0.2344 PGK

2019 ZAR to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ZAR to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 31, valuing the pair at 0.2549. Conversely, the yearly low was recorded on November 17, dropping to 0.1911.

This high-to-low spread represents a total annual volatility of 0.0638 PGK. From a start-to-finish perspective, comparing the January average rate of 0.2432 to the December average rate of 0.2369, the exchange rate registered a net change of -2.60% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.2549 was down 9.37% compared to the 2018 peak of 0.2813, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 ZAR based on timing:

Yearly Peak High 12,746 PGK
2018 Average 12,474 PGK
Yearly Trough Low 9,556 PGK
Transaction Impact: A difference of 3,189.31 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.2458
0.2217
JanuMarcMayJulySeptNove

ZAR 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 0.2377, compared to 0.2311 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0066 points.

H1 Avg (Jan–Jun) 0.2377
H2 Avg (Jul–Dec) 0.2311

Volatility Range Comparison

Volatility

The most volatile month in 2019 was November, with a trading range of 0.0436 PGK (High: 0.2347 / Low: 0.1911). On the other end, March was the most stable month, with a tight range of 0.0072 PGK (High: 0.2380 / Low: 0.2308).

November Spread (Volatile) ±0.0436
March Spread (Stable) ±0.0072

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0171 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0171

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 0.2432) against the same month in 2018 (average: 0.2644), the exchange rate shifted by -0.0212 (-8.02%).

2019 Avg (January) 0.2432
2018 Avg (January) 0.2644

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2549 0.2307 0.2432
February 0.2525 0.2385 0.2438
March 0.2380 0.2308 0.2344
April 0.2431 0.2329 0.2385
May 0.2377 0.2284 0.2341
June 0.2405 0.2252 0.2321
July 0.2449 0.2361 0.2408
August 0.2310 0.2176 0.2237
September 0.2335 0.2231 0.2285
October 0.2326 0.2212 0.2279
November 0.2347 0.1911 0.2290
December 0.2437 0.2302 0.2369