2011 GIP to PGK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2011.
2011 GIP to PGK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2011
During 2011, the GIP to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 22, valuing the pair at 4.2708. Conversely, the yearly low was recorded on December 29, dropping to 3.2838.
This high-to-low spread represents a total annual volatility of 0.9870 PGK. From a start-to-finish perspective, comparing the January average rate of 4.1250 to the December average rate of 3.3219, the exchange rate registered a net change of -19.47% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2011 high of 4.2708 was down 3.45% compared to the 2010 peak of 4.4235, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GIP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2011.
GIP to PGK Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 4.0646, compared to 3.4876 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5770 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2011 was June, with a trading range of 0.3636 PGK (High: 3.9774 / Low: 3.6138). On the other end, December was the most stable month, with a tight range of 0.0584 PGK (High: 3.3422 / Low: 3.2838).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2011. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.1694 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2011: 4.1769) against the same month in 2010 (average: 4.0737), the exchange rate shifted by +0.1033 (+2.53%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 4.2147 | 4.0103 | 4.1250 |
| February | 4.2440 | 4.1767 | 4.2068 |
| March | 4.2708 | 4.1118 | 4.1769 |
| April | 4.2277 | 4.0510 | 4.1200 |
| May | 4.0793 | 3.8897 | 3.9642 |
| June | 3.9774 | 3.6138 | 3.7948 |
| July | 3.7265 | 3.6160 | 3.6675 |
| August | 3.7238 | 3.5850 | 3.6446 |
| September | 3.5911 | 3.4015 | 3.4966 |
| October | 3.4817 | 3.3673 | 3.4362 |
| November | 3.4313 | 3.2840 | 3.3589 |
| December | 3.3422 | 3.2838 | 3.3219 |