YEARLY HIGH
0.0094 PGK
YEARLY LOW
0.0085 PGK
YEARLY AVERAGE
0.0088 PGK

2021 NGN to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NGN to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 17, valuing the pair at 0.0094. Conversely, the yearly low was recorded on December 18, dropping to 0.0085.

This high-to-low spread represents a total annual volatility of 0.0009 PGK. From a start-to-finish perspective, comparing the January average rate of 0.0091 to the December average rate of 0.0086, the exchange rate registered a net change of -5.78% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0094 was down 1.69% compared to the 2020 peak of 0.0095, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 NGN based on timing:

Yearly Peak High 9,351 PGK
2020 Average 9,124 PGK
Yearly Trough Low 8,481 PGK
Transaction Impact: A difference of 870.23 PGK purely based on transaction execution date.

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0.0092
0.0085
JanuMarcMayJulySeptNove

NGN 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 0.0089, compared to 0.0086 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0089
H2 Avg (Jul–Dec) 0.0086

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.0008 PGK (High: 0.0093 / Low: 0.0085). On the other end, November was the most stable month, with a tight range of 0.0001 PGK (High: 0.0086 / Low: 0.0085).

May Spread (Volatile) Âą0.0008
November Spread (Stable) Âą0.0001

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0003 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 0.0091) against the same month in 2020 (average: 0.0090), the exchange rate shifted by +0.0001 (+1.22%).

2021 Avg (April) 0.0091
2020 Avg (April) 0.0090

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Month High Low Average
January 0.0093 0.0089 0.0091
February 0.0093 0.0086 0.0091
March 0.0093 0.0086 0.0091
April 0.0094 0.0087 0.0091
May 0.0093 0.0085 0.0087
June 0.0087 0.0085 0.0086
July 0.0087 0.0085 0.0085
August 0.0086 0.0085 0.0086
September 0.0086 0.0085 0.0086
October 0.0087 0.0085 0.0086
November 0.0086 0.0085 0.0086
December 0.0086 0.0085 0.0086