YEARLY HIGH
0.5874 PGK
YEARLY LOW
0.5304 PGK
YEARLY AVERAGE
0.5614 PGK

2021 DKK to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the DKK to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.5874. Conversely, the yearly low was recorded on December 18, dropping to 0.5304.

This high-to-low spread represents a total annual volatility of 0.0570 PGK. From a start-to-finish perspective, comparing the January average rate of 0.5780 to the December average rate of 0.5366, the exchange rate registered a net change of -7.16% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.5874 was up 1.10% compared to the 2020 peak of 0.5810, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 DKK based on timing:

Yearly Peak High 2,937 PGK
2020 Average 2,657 PGK
Yearly Trough Low 2,652 PGK
Transaction Impact: A difference of 285.04 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.5821
0.5325
JanuMarcMayJulySeptNove

DKK 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 0.5724, compared to 0.5504 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0221 points.

H1 Avg (Jan–Jun) 0.5724
H2 Avg (Jul–Dec) 0.5504

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.0245 PGK (High: 0.5828 / Low: 0.5584). On the other end, October was the most stable month, with a tight range of 0.0079 PGK (High: 0.5533 / Low: 0.5454).

June Spread (Volatile) ±0.0245
October Spread (Stable) ±0.0079

Growth Streaks & Declines

Trends

Between March and May, 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 June and July, when the average rate fell by 0.0118 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0118

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.5780) against the same month in 2020 (average: 0.5056), the exchange rate shifted by +0.0724 (+14.31%).

2021 Avg (January) 0.5780
2020 Avg (January) 0.5056

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5874 0.5719 0.5780
February 0.5805 0.5660 0.5753
March 0.5736 0.5551 0.5650
April 0.5758 0.5585 0.5692
May 0.5824 0.5685 0.5765
June 0.5828 0.5584 0.5705
July 0.5681 0.5532 0.5587
August 0.5642 0.5512 0.5590
September 0.5678 0.5480 0.5577
October 0.5533 0.5454 0.5497
November 0.5495 0.5322 0.5405
December 0.5401 0.5304 0.5366