YEARLY HIGH
0.0046 PGK
YEARLY LOW
0.0043 PGK
YEARLY AVERAGE
0.0044 PGK

2021 MWK to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MWK to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.0046. Conversely, the yearly low was recorded on December 18, dropping to 0.0043.

This high-to-low spread represents a total annual volatility of 0.0003 PGK. From a start-to-finish perspective, comparing the January average rate of 0.0046 to the December average rate of 0.0043, the exchange rate registered a net change of -5.24% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0046 was down 3.26% compared to the 2020 peak of 0.0048, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 23 PGK
2020 Average 23 PGK
Yearly Trough Low 21 PGK
Transaction Impact: A difference of 1.72 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0046
0.0043
JanuMarcMayJulySeptNove

MWK 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 0.0045, compared to 0.0043 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0045
H2 Avg (Jul–Dec) 0.0043

Volatility Range Comparison

Volatility

The most volatile month in 2021 was July, with a trading range of 0.0001 PGK (High: 0.0044 / Low: 0.0043). On the other end, October was the most stable month, with a tight range of 0.0001 PGK (High: 0.0044 / Low: 0.0043).

July Spread (Volatile) ±0.0001
October Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0001 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.0046) against the same month in 2020 (average: 0.0046), the exchange rate shifted by -0.0001 (-1.13%).

2021 Avg (January) 0.0046
2020 Avg (January) 0.0046

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0046 0.0045 0.0046
February 0.0046 0.0045 0.0045
March 0.0046 0.0045 0.0045
April 0.0045 0.0044 0.0045
May 0.0045 0.0044 0.0045
June 0.0045 0.0044 0.0044
July 0.0044 0.0043 0.0043
August 0.0044 0.0043 0.0043
September 0.0044 0.0043 0.0043
October 0.0044 0.0043 0.0043
November 0.0044 0.0043 0.0043
December 0.0044 0.0043 0.0043