YEARLY HIGH
5.0391 PGK
YEARLY LOW
4.6455 PGK
YEARLY AVERAGE
4.8546 PGK

2021 FKP to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the FKP to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 27, valuing the pair at 5.0391. Conversely, the yearly low was recorded on December 17, dropping to 4.6455.

This high-to-low spread represents a total annual volatility of 0.3936 PGK. From a start-to-finish perspective, comparing the January average rate of 4.8198 to the December average rate of 4.6977, the exchange rate registered a net change of -2.53% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 5.0391 was up 4.14% compared to the 2020 peak of 4.8389, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 25,195 PGK
2020 Average 22,265 PGK
Yearly Trough Low 23,227 PGK
Transaction Impact: A difference of 1,967.99 PGK purely based on transaction execution date.

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4.9953
4.6707
JanuMarcMayJulySeptNove

FKP 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 4.9044, compared to 4.8048 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0995 points.

H1 Avg (Jan–Jun) 4.9044
H2 Avg (Jul–Dec) 4.8048

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.1916 PGK (High: 5.0221 / Low: 4.8305). On the other end, October was the most stable month, with a tight range of 0.0898 PGK (High: 4.8668 / Low: 4.7770).

June Spread (Volatile) Âą0.1916
October Spread (Stable) Âą0.0898

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 October and November, when the average rate fell by 0.0885 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0885

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 4.9683) against the same month in 2020 (average: 4.2605), the exchange rate shifted by +0.7078 (+16.61%).

2021 Avg (May) 4.9683
2020 Avg (May) 4.2605

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Month High Low Average
January 4.8893 4.7639 4.8198
February 4.9917 4.8054 4.9084
March 4.9415 4.8335 4.8942
April 4.9747 4.8398 4.8962
May 5.0391 4.8774 4.9683
June 5.0221 4.8305 4.9394
July 4.9253 4.7784 4.8538
August 4.9298 4.7852 4.8721
September 4.9209 4.7425 4.8412
October 4.8668 4.7770 4.8263
November 4.8184 4.6881 4.7378
December 4.7839 4.6455 4.6977