YEARLY HIGH
4.4176 MVR
YEARLY LOW
4.3091 MVR
YEARLY AVERAGE
4.3735 MVR

2021 PGK to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the PGK to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 9, valuing the pair at 4.4176. Conversely, the yearly low was recorded on January 3, dropping to 4.3091.

This high-to-low spread represents a total annual volatility of 0.1085 MVR. From a start-to-finish perspective, comparing the January average rate of 4.3605 to the December average rate of 4.3741, the exchange rate registered a net change of 0.31% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 4.4176 was down 4.85% compared to the 2020 peak of 4.6429, 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 22,088 MVR
2020 Average 22,244 MVR
Yearly Trough Low 21,546 MVR
Transaction Impact: A difference of 542.52 MVR purely based on transaction execution date.

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4.3895
4.3517
JanuMarcMayJulySeptNove

PGK to MVR 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 4.3672, compared to 4.3797 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0125 points.

H1 Avg (Jan–Jun) 4.3672
H2 Avg (Jul–Dec) 4.3797

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.1081 MVR (High: 4.4176 / Low: 4.3095). On the other end, April was the most stable month, with a tight range of 0.0507 MVR (High: 4.3904 / Low: 4.3397).

June Spread (Volatile) Âą0.1081
April Spread (Stable) Âą0.0507

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 0.0111 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0111

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 4.3819) against the same month in 2020 (average: 4.4650), the exchange rate shifted by -0.0830 (-1.86%).

2021 Avg (June) 4.3819
2020 Avg (June) 4.4650

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Month High Low Average
January 4.3826 4.3091 4.3605
February 4.3822 4.3233 4.3549
March 4.3912 4.3330 4.3713
April 4.3904 4.3397 4.3666
May 4.4041 4.3252 4.3682
June 4.4176 4.3095 4.3819
July 4.4063 4.3259 4.3864
August 4.4040 4.3429 4.3752
September 4.4006 4.3442 4.3814
October 4.4035 4.3371 4.3793
November 4.4016 4.3315 4.3819
December 4.4036 4.3318 4.3741