YEARLY HIGH
11.8384 PGK
YEARLY LOW
11.5726 PGK
YEARLY AVERAGE
11.6946 PGK

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.

Transfer Payout Power Comparison

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

Yearly Peak High 59,192 PGK
2020 Average 56,535 PGK
Yearly Trough Low 57,863 PGK
Transaction Impact: A difference of 1,328.73 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

11.7518
11.6421
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 11.6993
H2 Avg (Jul–Dec) 11.6899

Volatility Range Comparison

Volatility

The 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).

June Spread (Volatile) ±0.2174
April Spread (Stable) ±0.1081

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 0.0351 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0351

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2021 Avg (May) 11.7295
2020 Avg (May) 11.2136

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