YEARLY HIGH
0.1453 PGK
YEARLY LOW
0.1355 PGK
YEARLY AVERAGE
0.1433 PGK

2022 HNL to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the HNL to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on June 18, valuing the pair at 0.1453. Conversely, the yearly low was recorded on August 29, dropping to 0.1355.

This high-to-low spread represents a total annual volatility of 0.0097 PGK. From a start-to-finish perspective, comparing the January average rate of 0.1437 to the December average rate of 0.1428, the exchange rate registered a net change of -0.64% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.1453 was down 3.01% compared to the 2021 peak of 0.1498, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 726 PGK
2021 Average 732 PGK
Yearly Trough Low 678 PGK
Transaction Impact: A difference of 48.64 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.1448
0.1419
JanuMarcMayJulySeptNove

HNL 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 0.1438, compared to 0.1429 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.1438
H2 Avg (Jul–Dec) 0.1429

Volatility Range Comparison

Volatility

The most volatile month in 2022 was August, with a trading range of 0.0081 PGK (High: 0.1436 / Low: 0.1355). On the other end, October was the most stable month, with a tight range of 0.0011 PGK (High: 0.1431 / Low: 0.1419).

August Spread (Volatile) ±0.0081
October Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0016 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2022: 0.1445) against the same month in 2021 (average: 0.1466), the exchange rate shifted by -0.0020 (-1.39%).

2022 Avg (June) 0.1445
2021 Avg (June) 0.1466

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1448 0.1429 0.1437
February 0.1438 0.1426 0.1431
March 0.1443 0.1425 0.1437
April 0.1445 0.1432 0.1438
May 0.1452 0.1430 0.1440
June 0.1453 0.1434 0.1445
July 0.1452 0.1432 0.1444
August 0.1436 0.1355 0.1428
September 0.1442 0.1422 0.1429
October 0.1431 0.1419 0.1423
November 0.1436 0.1416 0.1421
December 0.1449 0.1419 0.1428