YEARLY HIGH
0.0708 PGK
YEARLY LOW
0.0642 PGK
YEARLY AVERAGE
0.0678 PGK

2021 MKD to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MKD to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.0708. Conversely, the yearly low was recorded on December 14, dropping to 0.0642.

This high-to-low spread represents a total annual volatility of 0.0067 PGK. From a start-to-finish perspective, comparing the January average rate of 0.0698 to the December average rate of 0.0648, the exchange rate registered a net change of -7.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0708 was up 0.46% compared to the 2020 peak of 0.0705, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 354 PGK
2020 Average 321 PGK
Yearly Trough Low 321 PGK
Transaction Impact: A difference of 33.46 PGK purely based on transaction execution date.

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0.0703
0.0643
JanuMarcMayJulySeptNove

MKD 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 0.0691, compared to 0.0665 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0026 points.

H1 Avg (Jan–Jun) 0.0691
H2 Avg (Jul–Dec) 0.0665

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.0026 PGK (High: 0.0704 / Low: 0.0678). On the other end, October was the most stable month, with a tight range of 0.0009 PGK (High: 0.0668 / Low: 0.0659).

June Spread (Volatile) Âą0.0026
October Spread (Stable) Âą0.0009

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 0.0015 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.0698) against the same month in 2020 (average: 0.0614), the exchange rate shifted by +0.0083 (+13.55%).

2021 Avg (January) 0.0698
2020 Avg (January) 0.0614

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Month High Low Average
January 0.0708 0.0690 0.0698
February 0.0703 0.0683 0.0694
March 0.0692 0.0670 0.0682
April 0.0696 0.0674 0.0687
May 0.0703 0.0686 0.0696
June 0.0704 0.0678 0.0689
July 0.0686 0.0667 0.0675
August 0.0679 0.0666 0.0675
September 0.0686 0.0662 0.0674
October 0.0668 0.0659 0.0664
November 0.0663 0.0643 0.0652
December 0.0652 0.0642 0.0648