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2021 PGK to LRD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the PGK to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 4, valuing the pair at 49.4309. Conversely, the yearly low was recorded on December 19, dropping to 39.9427.
This high-to-low spread represents a total annual volatility of 9.4882 LRD. From a start-to-finish perspective, comparing the January average rate of 47.6342 to the December average rate of 40.3959, the exchange rate registered a net change of -15.20% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2021 high of 49.4309 was down 15.97% compared to the 2020 peak of 58.8247, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 PGK based on timing:
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PGK to LRD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: JanâJun) was 48.6093, compared to 45.6395 in the second half (H2: JulâDec). This shows that the rate was stronger in the first half (JanâJun) by a margin of 2.9698 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was October, with a trading range of 5.7282 LRD (High: 48.5854 / Low: 42.8571). On the other end, March was the most stable month, with a tight range of 0.5332 LRD (High: 49.4309 / Low: 48.8977).
Growth Streaks & Declines
TrendsBetween January and March, 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 5.1153 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2021: 49.1482) against the same month in 2020 (average: 57.6970), the exchange rate shifted by -8.5489 (-14.82%).
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| Month | High | Low | Average |
|---|---|---|---|
| January | 48.4152 | 45.9550 | 47.6342 |
| February | 49.1756 | 48.3734 | 48.7807 |
| March | 49.4309 | 48.8977 | 49.1482 |
| April | 49.0051 | 48.4672 | 48.7819 |
| May | 48.9058 | 48.2584 | 48.6803 |
| June | 48.9714 | 48.1612 | 48.6306 |
| July | 49.0987 | 48.1682 | 48.8391 |
| August | 48.9846 | 48.2578 | 48.6137 |
| September | 48.9468 | 48.3198 | 48.6803 |
| October | 48.5854 | 42.8571 | 46.2118 |
| November | 42.6713 | 40.0946 | 41.0965 |
| December | 41.1702 | 39.9427 | 40.3959 |