2021 BGN to PGK Historical Review

YEARLY HIGH

2.2313 PGK

YEARLY LOW

2.0188 PGK

YEARLY AVERAGE

2.1347 PGK

2021 BGN to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BGN to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 2.2313. Conversely, the yearly low was recorded on December 18, dropping to 2.0188.

This high-to-low spread represents a total annual volatility of 0.2125 PGK. From a start-to-finish perspective, comparing the January average rate of 2.1985 to the December average rate of 2.0393, the exchange rate registered a net change of -7.24% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.2313 was up 0.87% compared to the 2020 peak of 2.2120, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,156 PGK

2020 Average 10,126 PGK

Yearly Trough Low 10,094 PGK

Transaction Impact: A difference of 1,062.30 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.2144

2.0234

JanuMarcMayJulySeptNove

BGN 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 2.1765, compared to 2.0929 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0835 points.

H1 Avg (Jan–Jun) 2.1765

H2 Avg (Jul–Dec) 2.0929

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.0975 PGK (High: 2.2181 / Low: 2.1206). On the other end, October was the most stable month, with a tight range of 0.0273 PGK (High: 2.1038 / Low: 2.0765).

June Spread (Volatile) ±0.0975

October Spread (Stable) ±0.0273

Growth Streaks & Declines

Trends

Between March and May, 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 June and July, when the average rate fell by 0.0447 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0447

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 2.1985) against the same month in 2020 (average: 1.9318), the exchange rate shifted by +0.2667 (+13.81%).

2021 Avg (January) 2.1985

2020 Avg (January) 1.9318

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.2313	2.1749	2.1985
February	2.2070	2.1543	2.1881
March	2.1807	2.1078	2.1481
April	2.1885	2.1245	2.1635
May	2.2119	2.1622	2.1915
June	2.2181	2.1206	2.1691
July	2.1595	2.1041	2.1244
August	2.1451	2.0961	2.1252
September	2.1608	2.0847	2.1219
October	2.1038	2.0765	2.0911
November	2.0871	2.0261	2.0557
December	2.0538	2.0188	2.0393