YEARLY HIGH
0.0018 PGK
YEARLY LOW
0.0017 PGK
YEARLY AVERAGE
0.0017 PGK

2022 BIF to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the BIF to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 31, valuing the pair at 0.0018. Conversely, the yearly low was recorded on December 17, dropping to 0.0017.

This high-to-low spread represents a total annual volatility of 0.0001 PGK. From a start-to-finish perspective, comparing the January average rate of 0.0018 to the December average rate of 0.0017, the exchange rate registered a net change of -3.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0018 was down 3.13% compared to the 2021 peak of 0.0018, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9 PGK
2021 Average 9 PGK
Yearly Trough Low 8 PGK
Transaction Impact: A difference of 0.40 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0018
0.0017
JanuMarcMayJulySeptNove

BIF 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 0.0017, compared to 0.0017 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0017
H2 Avg (Jul–Dec) 0.0017

Volatility Range Comparison

Volatility

The most volatile month in 2022 was March, with a trading range of 0.0001 PGK (High: 0.0018 / Low: 0.0017). On the other end, October was the most stable month, with a tight range of 0.0000 PGK (High: 0.0017 / Low: 0.0017).

March Spread (Volatile) ±0.0001
October Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2022. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0000 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 0.0018) against the same month in 2021 (average: 0.0018), the exchange rate shifted by -0.0001 (-3.03%).

2022 Avg (January) 0.0018
2021 Avg (January) 0.0018

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0018 0.0017 0.0018
February 0.0018 0.0017 0.0018
March 0.0018 0.0017 0.0017
April 0.0018 0.0017 0.0017
May 0.0018 0.0017 0.0017
June 0.0017 0.0017 0.0017
July 0.0017 0.0017 0.0017
August 0.0017 0.0017 0.0017
September 0.0017 0.0017 0.0017
October 0.0017 0.0017 0.0017
November 0.0017 0.0017 0.0017
December 0.0017 0.0017 0.0017