YEARLY HIGH
1.8854 DKK
YEARLY LOW
1.7024 DKK
YEARLY AVERAGE
1.7824 DKK

2021 PGK to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the PGK to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 1.8854. Conversely, the yearly low was recorded on January 3, dropping to 1.7024.

This high-to-low spread represents a total annual volatility of 0.1830 DKK. From a start-to-finish perspective, comparing the January average rate of 1.7302 to the December average rate of 1.8636, the exchange rate registered a net change of 7.71% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.8854 was down 8.46% compared to the 2020 peak of 2.0597, 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 9,427 DKK
2020 Average 9,432 DKK
Yearly Trough Low 8,512 DKK
Transaction Impact: A difference of 914.90 DKK purely based on transaction execution date.

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1.8769
1.7169
JanuMarcMayJulySeptNove

PGK to DKK 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 1.7472, compared to 1.8176 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0703 points.

H1 Avg (Jan–Jun) 1.7472
H2 Avg (Jul–Dec) 1.8176

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.0752 DKK (High: 1.7910 / Low: 1.7158). On the other end, October was the most stable month, with a tight range of 0.0261 DKK (High: 1.8334 / Low: 1.8073).

June Spread (Volatile) Âą0.0752
October Spread (Stable) Âą0.0261

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0223 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0223

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 1.8636) against the same month in 2020 (average: 1.7384), the exchange rate shifted by +0.1251 (+7.20%).

2021 Avg (December) 1.8636
2020 Avg (December) 1.7384

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Month High Low Average
January 1.7486 1.7024 1.7302
February 1.7666 1.7228 1.7382
March 1.8016 1.7435 1.7701
April 1.7905 1.7366 1.7570
May 1.7592 1.7169 1.7347
June 1.7910 1.7158 1.7532
July 1.8076 1.7603 1.7900
August 1.8141 1.7725 1.7891
September 1.8250 1.7612 1.7933
October 1.8334 1.8073 1.8190
November 1.8789 1.8198 1.8505
December 1.8854 1.8517 1.8636