YEARLY HIGH
1.7750 PGK
YEARLY LOW
1.6425 PGK
YEARLY AVERAGE
1.7063 PGK

2021 FJD to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the FJD to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 26, valuing the pair at 1.7750. Conversely, the yearly low was recorded on December 14, dropping to 1.6425.

This high-to-low spread represents a total annual volatility of 0.1325 PGK. From a start-to-finish perspective, comparing the January average rate of 1.7350 to the December average rate of 1.6574, the exchange rate registered a net change of -4.47% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.7750 was up 2.94% compared to the 2020 peak of 1.7244, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 8,875 PGK
2020 Average 8,007 PGK
Yearly Trough Low 8,213 PGK
Transaction Impact: A difference of 662.28 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.7518
1.6489
JanuMarcMayJulySeptNove

FJD 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 1.7315, compared to 1.6812 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0503 points.

H1 Avg (Jan–Jun) 1.7315
H2 Avg (Jul–Dec) 1.6812

Volatility Range Comparison

Volatility

The most volatile month in 2021 was February, with a trading range of 0.0627 PGK (High: 1.7750 / Low: 1.7123). On the other end, May was the most stable month, with a tight range of 0.0303 PGK (High: 1.7550 / Low: 1.7247).

February Spread (Volatile) ±0.0627
May Spread (Stable) ±0.0303

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 0.0303 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0303

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 1.7432) against the same month in 2020 (average: 1.5452), the exchange rate shifted by +0.1980 (+12.82%).

2021 Avg (February) 1.7432
2020 Avg (February) 1.5452

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.7525 1.7188 1.7350
February 1.7750 1.7123 1.7432
March 1.7501 1.6981 1.7267
April 1.7566 1.7043 1.7276
May 1.7550 1.7247 1.7374
June 1.7493 1.6950 1.7190
July 1.7144 1.6722 1.6887
August 1.7049 1.6647 1.6876
September 1.7182 1.6685 1.6883
October 1.7064 1.6617 1.6869
November 1.7013 1.6527 1.6780
December 1.6736 1.6425 1.6574