YEARLY HIGH
0.0414 PGK
YEARLY LOW
0.0333 PGK
YEARLY AVERAGE
0.0393 PGK

2022 AFN to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the AFN to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 4, valuing the pair at 0.0414. Conversely, the yearly low was recorded on January 11, dropping to 0.0333.

This high-to-low spread represents a total annual volatility of 0.0082 PGK. From a start-to-finish perspective, comparing the January average rate of 0.0337 to the December average rate of 0.0403, the exchange rate registered a net change of 19.64% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0414 was down 10.21% compared to the 2021 peak of 0.0461, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 207 PGK
2021 Average 213 PGK
Yearly Trough Low 166 PGK
Transaction Impact: A difference of 40.82 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0412
0.0330
JanuMarcMayJulySeptNove

AFN 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 0.0386, compared to 0.0400 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.0386
H2 Avg (Jul–Dec) 0.0400

Volatility Range Comparison

Volatility

The most volatile month in 2022 was February, with a trading range of 0.0034 PGK (High: 0.0386 / Low: 0.0352). On the other end, November was the most stable month, with a tight range of 0.0010 PGK (High: 0.0405 / Low: 0.0395).

February Spread (Volatile) ±0.0034
November Spread (Stable) ±0.0010

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 July and August, when the average rate fell by 0.0006 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2022: 0.0400) against the same month in 2021 (average: 0.0454), the exchange rate shifted by -0.0053 (-11.76%).

2022 Avg (May) 0.0400
2021 Avg (May) 0.0454

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0344 0.0333 0.0337
February 0.0386 0.0352 0.0378
March 0.0407 0.0382 0.0397
April 0.0411 0.0396 0.0403
May 0.0414 0.0389 0.0400
June 0.0407 0.0393 0.0399
July 0.0407 0.0389 0.0400
August 0.0400 0.0387 0.0394
September 0.0405 0.0391 0.0398
October 0.0413 0.0398 0.0405
November 0.0405 0.0395 0.0400
December 0.0410 0.0397 0.0403