2021 KWD to PGK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 KWD to PGK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the KWD to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 11.8384. Conversely, the yearly low was recorded on December 15, dropping to 11.5726.
This high-to-low spread represents a total annual volatility of 0.2657 PGK. From a start-to-finish perspective, comparing the January average rate of 11.6513 to the December average rate of 11.6584, the exchange rate registered a net change of 0.06% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 11.8384 was up 1.72% compared to the 2020 peak of 11.6380, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 KWD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
KWD to PGK Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 11.6993, compared to 11.6899 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0095 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was June, with a trading range of 0.2174 PGK (High: 11.8329 / Low: 11.6156). On the other end, April was the most stable month, with a tight range of 0.1081 PGK (High: 11.8054 / Low: 11.6974).
Growth Streaks & Declines
TrendsNo 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 0.0351 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2021: 11.7295) against the same month in 2020 (average: 11.2136), the exchange rate shifted by +0.5159 (+4.60%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 11.7503 | 11.5843 | 11.6513 |
| February | 11.7708 | 11.6079 | 11.6883 |
| March | 11.7436 | 11.6242 | 11.6794 |
| April | 11.8054 | 11.6974 | 11.7363 |
| May | 11.8384 | 11.6734 | 11.7295 |
| June | 11.8329 | 11.6156 | 11.7112 |
| July | 11.8173 | 11.6135 | 11.6761 |
| August | 11.8213 | 11.6599 | 11.7427 |
| September | 11.8353 | 11.6720 | 11.7109 |
| October | 11.7900 | 11.6348 | 11.6928 |
| November | 11.7418 | 11.5964 | 11.6582 |
| December | 11.7306 | 11.5726 | 11.6584 |