YEARLY HIGH
2.2353 PGK
YEARLY LOW
2.0230 PGK
YEARLY AVERAGE
2.1349 PGK

2021 BAM to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BAM to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 2.2353. Conversely, the yearly low was recorded on December 15, dropping to 2.0230.

This high-to-low spread represents a total annual volatility of 0.2123 PGK. From a start-to-finish perspective, comparing the January average rate of 2.1989 to the December average rate of 2.0399, the exchange rate registered a net change of -7.23% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.2353 was up 0.61% compared to the 2020 peak of 2.2217, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,177 PGK
2020 Average 10,123 PGK
Yearly Trough Low 10,115 PGK
Transaction Impact: A difference of 1,061.55 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.2148
2.0240
JanuMarcMayJulySeptNove

BAM 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 2.1763, compared to 2.0935 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0829 points.

H1 Avg (Jan–Jun) 2.1763
H2 Avg (Jul–Dec) 2.0935

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.0827 PGK (High: 2.2169 / Low: 2.1342). On the other end, December was the most stable month, with a tight range of 0.0289 PGK (High: 2.0519 / Low: 2.0230).

June Spread (Volatile) ±0.0827
December Spread (Stable) ±0.0289

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 0.0464 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0464

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 2.1989) against the same month in 2020 (average: 1.9319), the exchange rate shifted by +0.2670 (+13.82%).

2021 Avg (January) 2.1989
2020 Avg (January) 1.9319

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.2353 2.1743 2.1989
February 2.2120 2.1553 2.1867
March 2.1774 2.1127 2.1487
April 2.1886 2.1211 2.1607
May 2.2182 2.1612 2.1913
June 2.2169 2.1342 2.1718
July 2.1719 2.1024 2.1254
August 2.1381 2.0996 2.1256
September 2.1591 2.0829 2.1219
October 2.1057 2.0758 2.0926
November 2.0886 2.0272 2.0555
December 2.0519 2.0230 2.0399