YEARLY HIGH
0.5576 PGK
YEARLY LOW
0.5372 PGK
YEARLY AVERAGE
0.5469 PGK

2021 CNY to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the CNY to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 0.5576. Conversely, the yearly low was recorded on March 30, dropping to 0.5372.

This high-to-low spread represents a total annual volatility of 0.0204 PGK. From a start-to-finish perspective, comparing the January average rate of 0.5456 to the December average rate of 0.5541, the exchange rate registered a net change of 1.55% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.5576 was up 2.92% compared to the 2020 peak of 0.5418, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 CNY based on timing:

Yearly Peak High 13,940 PGK
2020 Average 12,575 PGK
Yearly Trough Low 13,431 PGK
Transaction Impact: A difference of 509.46 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.5553
0.5412
JanuMarcMayJulySeptNove

CNY to PGK 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 0.5459, compared to 0.5480 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0022 points.

H1 Avg (Jan–Jun) 0.5459
H2 Avg (Jul–Dec) 0.5480

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.0135 PGK (High: 0.5559 / Low: 0.5424). On the other end, December was the most stable month, with a tight range of 0.0071 PGK (High: 0.5576 / Low: 0.5506).

June Spread (Volatile) ±0.0135
December Spread (Stable) ±0.0071

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0061 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0061

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.5541) against the same month in 2020 (average: 0.5377), the exchange rate shifted by +0.0165 (+3.06%).

2021 Avg (December) 0.5541
2020 Avg (December) 0.5377

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5514 0.5418 0.5456
February 0.5509 0.5435 0.5472
March 0.5466 0.5372 0.5423
April 0.5461 0.5379 0.5425
May 0.5558 0.5435 0.5489
June 0.5559 0.5424 0.5486
July 0.5503 0.5392 0.5425
August 0.5495 0.5406 0.5452
September 0.5506 0.5435 0.5456
October 0.5537 0.5446 0.5492
November 0.5567 0.5492 0.5516
December 0.5576 0.5506 0.5541