YEARLY HIGH
0.0024 PGK
YEARLY LOW
0.0023 PGK
YEARLY AVERAGE
0.0023 PGK

2021 LBP to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the LBP to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 3, valuing the pair at 0.0024. Conversely, the yearly low was recorded on July 7, dropping to 0.0023.

This high-to-low spread represents a total annual volatility of 0.0001 PGK. From a start-to-finish perspective, comparing the January average rate of 0.0023 to the December average rate of 0.0023, the exchange rate registered a net change of -0.24% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0024 was down 42.33% compared to the 2020 peak of 0.0041, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12 PGK
2020 Average 11 PGK
Yearly Trough Low 11 PGK
Transaction Impact: A difference of 0.42 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0023
0.0023
JanuMarcMayJulySeptNove

LBP 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 0.0023, compared to 0.0023 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0023
H2 Avg (Jul–Dec) 0.0023

Volatility Range Comparison

Volatility

The most volatile month in 2021 was July, with a trading range of 0.0001 PGK (High: 0.0024 / Low: 0.0023). On the other end, March was the most stable month, with a tight range of 0.0000 PGK (High: 0.0023 / Low: 0.0023).

July Spread (Volatile) ±0.0001
March Spread (Stable) ±0.0000

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 April and May, when the average rate fell by 0.0000 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2021: 0.0023) against the same month in 2020 (average: 0.0024), the exchange rate shifted by -0.0000 (-1.75%).

2021 Avg (July) 0.0023
2020 Avg (July) 0.0024

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0024 0.0023 0.0023
February 0.0024 0.0023 0.0023
March 0.0023 0.0023 0.0023
April 0.0024 0.0023 0.0023
May 0.0023 0.0023 0.0023
June 0.0024 0.0023 0.0023
July 0.0024 0.0023 0.0023
August 0.0024 0.0023 0.0023
September 0.0024 0.0023 0.0023
October 0.0024 0.0023 0.0023
November 0.0024 0.0023 0.0023
December 0.0024 0.0023 0.0023