YEARLY HIGH
0.5368 PGK
YEARLY LOW
0.4487 PGK
YEARLY AVERAGE
0.4935 PGK

2022 HRK to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the HRK to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 17, valuing the pair at 0.5368. Conversely, the yearly low was recorded on September 27, dropping to 0.4487.

This high-to-low spread represents a total annual volatility of 0.0881 PGK. From a start-to-finish perspective, comparing the January average rate of 0.5301 to the December average rate of 0.4949, the exchange rate registered a net change of -6.64% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.5368 was down 7.18% compared to the 2021 peak of 0.5783, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,684 PGK
2021 Average 2,772 PGK
Yearly Trough Low 2,243 PGK
Transaction Impact: A difference of 440.52 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.5371
0.4532
JanuMarcMayJulySeptNove

HRK 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 0.5116, compared to 0.4754 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0362 points.

H1 Avg (Jan–Jun) 0.5116
H2 Avg (Jul–Dec) 0.4754

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0285 PGK (High: 0.4866 / Low: 0.4582). On the other end, March was the most stable month, with a tight range of 0.0133 PGK (High: 0.5193 / Low: 0.5060).

November Spread (Volatile) ±0.0285
March Spread (Stable) ±0.0133

Growth Streaks & Declines

Trends

Between October and December, 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 February and March, when the average rate fell by 0.0178 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0178

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 0.5301) against the same month in 2021 (average: 0.5685), the exchange rate shifted by -0.0384 (-6.75%).

2022 Avg (January) 0.5301
2021 Avg (January) 0.5685

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5368 0.5196 0.5301
February 0.5359 0.5200 0.5299
March 0.5193 0.5060 0.5121
April 0.5158 0.4879 0.5039
May 0.5078 0.4853 0.4949
June 0.5084 0.4878 0.4986
July 0.4907 0.4706 0.4810
August 0.4840 0.4656 0.4748
September 0.4741 0.4487 0.4640
October 0.4723 0.4539 0.4602
November 0.4866 0.4582 0.4774
December 0.5031 0.4883 0.4949