EUR/PGK 4.94191

Market Overview

Market Overview The EUR/PGK last closed at 4.94191, reflecting a slight increase of 0.01% from the previous close, consistent with the ongoing mild uptrend. Over the past 30 days, the pair has declined by 0.38%, trading between a high of 4.96531 and a low of 4.9204. The outlook remains cautiously optimistic, with potential for gradual appreciation supported by Eurozone economic stability and Papua New Guinea’s commodity dynamics. Key technical indicators show the 20-day moving average at 4.9384, the 50-day near 4.94, and the 200-day around 4.95. The RSI is neutral, while nearest support and resistance levels stand at 4.92 and 4.95 respectively. No major economic events are scheduled imminently to disrupt this trend. For information only. Last Updated 12/4/25