YEARLY HIGH
4.6102 ZAR
YEARLY LOW
3.8001 ZAR
YEARLY AVERAGE
4.1913 ZAR

2021 PGK to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the PGK to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 26, valuing the pair at 4.6102. Conversely, the yearly low was recorded on June 6, dropping to 3.8001.

This high-to-low spread represents a total annual volatility of 0.8101 ZAR. From a start-to-finish perspective, comparing the January average rate of 4.2793 to the December average rate of 4.4987, the exchange rate registered a net change of 5.13% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 4.6102 was down 17.48% compared to the 2020 peak of 5.5870, 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 23,051 ZAR
2020 Average 23,744 ZAR
Yearly Trough Low 19,000 ZAR
Transaction Impact: A difference of 4,050.54 ZAR purely based on transaction execution date.

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4.5536
3.8959
JanuMarcMayJulySeptNove

PGK to ZAR 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 4.1179, compared to 4.2647 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1468 points.

H1 Avg (Jan–Jun) 4.1179
H2 Avg (Jul–Dec) 4.2647

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.3687 ZAR (High: 4.6102 / Low: 4.2414). On the other end, April was the most stable month, with a tight range of 0.1653 ZAR (High: 4.1502 / Low: 3.9850).

November Spread (Volatile) Âą0.3687
April Spread (Stable) Âą0.1653

Growth Streaks & Declines

Trends

Between September and December, 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 March and April, when the average rate fell by 0.1669 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1669

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 4.4146) against the same month in 2020 (average: 4.4124), the exchange rate shifted by +0.0022 (+0.05%).

2021 Avg (November) 4.4146
2020 Avg (November) 4.4124

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Month High Low Average
January 4.3779 4.1005 4.2793
February 4.2638 4.0611 4.1750
March 4.4012 4.1499 4.2434
April 4.1502 3.9850 4.0764
May 4.1126 3.8787 3.9827
June 4.1007 3.8001 3.9507
July 4.2476 4.0033 4.1294
August 4.3386 4.0771 4.1886
September 4.2923 3.9910 4.1382
October 4.3241 4.0924 4.2187
November 4.6102 4.2414 4.4146
December 4.5858 4.4064 4.4987