YEARLY HIGH
1.9902 BOB
YEARLY LOW
1.9360 BOB
YEARLY AVERAGE
1.9564 BOB

2021 PGK to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the PGK to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on June 11, valuing the pair at 1.9902. Conversely, the yearly low was recorded on January 4, dropping to 1.9360.

This high-to-low spread represents a total annual volatility of 0.0542 BOB. From a start-to-finish perspective, comparing the January average rate of 1.9504 to the December average rate of 1.9548, the exchange rate registered a net change of 0.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.9902 was down 4.10% compared to the 2020 peak of 2.0753, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9,951 BOB
2020 Average 9,952 BOB
Yearly Trough Low 9,680 BOB
Transaction Impact: A difference of 271.21 BOB purely based on transaction execution date.

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1.9662
1.9490
JanuMarcMayJulySeptNove

PGK to BOB 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 1.9547, compared to 1.9581 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0035 points.

H1 Avg (Jan–Jun) 1.9547
H2 Avg (Jul–Dec) 1.9581

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.0516 BOB (High: 1.9902 / Low: 1.9386). On the other end, April was the most stable month, with a tight range of 0.0211 BOB (High: 1.9607 / Low: 1.9396).

June Spread (Volatile) Âą0.0516
April Spread (Stable) Âą0.0211

Growth Streaks & Declines

Trends

Between April and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0103 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0103

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 1.9627) against the same month in 2020 (average: 1.9974), the exchange rate shifted by -0.0347 (-1.74%).

2021 Avg (June) 1.9627
2020 Avg (June) 1.9974

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Month High Low Average
January 1.9587 1.9360 1.9504
February 1.9648 1.9389 1.9528
March 1.9682 1.9389 1.9557
April 1.9607 1.9396 1.9512
May 1.9665 1.9394 1.9552
June 1.9902 1.9386 1.9627
July 1.9755 1.9411 1.9647
August 1.9676 1.9387 1.9544
September 1.9668 1.9389 1.9593
October 1.9680 1.9431 1.9576
November 1.9666 1.9417 1.9579
December 1.9673 1.9417 1.9548