YEARLY HIGH
117.9092 NGN
YEARLY LOW
106.9365 NGN
YEARLY AVERAGE
114.2948 NGN

2021 PGK to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the PGK to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 117.9092. Conversely, the yearly low was recorded on April 17, dropping to 106.9365.

This high-to-low spread represents a total annual volatility of 10.9726 NGN. From a start-to-finish perspective, comparing the January average rate of 109.7800 to the December average rate of 116.5034, the exchange rate registered a net change of 6.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 117.9092 was up 3.51% compared to the 2020 peak of 113.9116, 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 589,546 NGN
2020 Average 548,200 NGN
Yearly Trough Low 534,683 NGN
Transaction Impact: A difference of 54,863.08 NGN purely based on transaction execution date.

āĻĒā§āϰāĻŦāĻŖāϤāĻžāϰ āϚāĻŋāĻ¤ā§āϰāĻžāϝāĻŧāύ

2021 āϏāĻžāϞ āϜ⧁āĻĄāĻŧ⧇ āĻŽāĻžāϏāĻŋāĻ• āĻ—āĻĄāĻŧ āĻ“āĻ āĻžāύāĻžāĻŽāĻžāĨ¤

117.7689
109.0537
JanuMarcMayJulySeptNove

PGK to NGN 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 111.9143, compared to 116.6752 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.7609 points.

H1 Avg (Jan–Jun) 111.9143
H2 Avg (Jul–Dec) 116.6752

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 10.1310 NGN (High: 117.3756 / Low: 107.2446). On the other end, November was the most stable month, with a tight range of 1.5236 NGN (High: 117.2365 / Low: 115.7129).

May Spread (Volatile) Âą10.1310
November Spread (Stable) Âą1.5236

Growth Streaks & Declines

Trends

Between March and July, 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 July and August, when the average rate fell by 0.5163 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.5163

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 116.5034) against the same month in 2020 (average: 109.1680), the exchange rate shifted by +7.3353 (+6.72%).

2021 Avg (December) 116.5034
2020 Avg (December) 109.1680

āĻŽāĻžāϏāĻŋāĻ• āĻŦāĻŋāĻļā§āϞ⧇āώāĻŖ

āĻĒā§āϰāϤāĻŋāϟāĻŋ āĻ•ā§āϝāĻžāϞ⧇āĻ¨ā§āĻĄāĻžāϰ āĻŽāĻžāϏ⧇āϰ āĻĒāϰāĻŋāϏāĻ‚āĻ–ā§āϝāĻžāύāĻ—āϤ āϏāĻžāϰāϏāĻ‚āĻ•ā§āώ⧇āĻĒāĨ¤

Month High Low Average
January 112.4034 107.6379 109.7800
February 115.7833 107.1934 110.2104
March 116.3757 107.4965 109.8684
April 115.4700 106.9365 110.3994
May 117.3756 107.2446 114.5329
June 117.7147 115.2156 116.6949
July 117.7396 115.2928 117.0427
August 117.3159 115.7158 116.5264
September 117.2681 115.7400 116.8227
October 117.1958 115.4978 116.5494
November 117.2365 115.7129 116.6069
December 117.9092 115.6920 116.5034