YEARLY HIGH
0.0284 PGK
YEARLY LOW
0.0238 PGK
YEARLY AVERAGE
0.0261 PGK

2022 ISK to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the ISK to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 12, valuing the pair at 0.0284. Conversely, the yearly low was recorded on November 6, dropping to 0.0238.

This high-to-low spread represents a total annual volatility of 0.0047 PGK. From a start-to-finish perspective, comparing the January average rate of 0.0273 to the December average rate of 0.0248, the exchange rate registered a net change of -9.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0284 was down 3.47% compared to the 2021 peak of 0.0295, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 142 PGK
2021 Average 139 PGK
Yearly Trough Low 119 PGK
Transaction Impact: A difference of 23.32 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0285
0.0241
JanuMarcMayJulySeptNove

ISK 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 0.0273, compared to 0.0250 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0023 points.

H1 Avg (Jan–Jun) 0.0273
H2 Avg (Jul–Dec) 0.0250

Volatility Range Comparison

Volatility

The most volatile month in 2022 was May, with a trading range of 0.0020 PGK (High: 0.0281 / Low: 0.0261). On the other end, January was the most stable month, with a tight range of 0.0005 PGK (High: 0.0276 / Low: 0.0270).

May Spread (Volatile) ±0.0020
January Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2022. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0011 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2022: 0.0281) against the same month in 2021 (average: 0.0276), the exchange rate shifted by +0.0006 (+2.05%).

2022 Avg (February) 0.0281
2021 Avg (February) 0.0276

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0276 0.0270 0.0273
February 0.0284 0.0276 0.0281
March 0.0277 0.0262 0.0270
April 0.0276 0.0268 0.0272
May 0.0281 0.0261 0.0269
June 0.0279 0.0265 0.0271
July 0.0265 0.0256 0.0260
August 0.0261 0.0249 0.0254
September 0.0255 0.0242 0.0249
October 0.0249 0.0242 0.0245
November 0.0250 0.0238 0.0244
December 0.0252 0.0245 0.0248