YEARLY HIGH
0.0176 PGK
YEARLY LOW
0.0095 PGK
YEARLY AVERAGE
0.0115 PGK

2022 LKR to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the LKR to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.0176. Conversely, the yearly low was recorded on December 2, dropping to 0.0095.

This high-to-low spread represents a total annual volatility of 0.0080 PGK. From a start-to-finish perspective, comparing the January average rate of 0.0174 to the December average rate of 0.0096, the exchange rate registered a net change of -44.73% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0176 was down 8.57% compared to the 2021 peak of 0.0192, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 88 PGK
2021 Average 89 PGK
Yearly Trough Low 48 PGK
Transaction Impact: A difference of 40.09 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0182
0.0088
JanuMarcMayJulySeptNove

LKR 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 0.0132, compared to 0.0097 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0035 points.

H1 Avg (Jan–Jun) 0.0132
H2 Avg (Jul–Dec) 0.0097

Volatility Range Comparison

Volatility

The most volatile month in 2022 was March, with a trading range of 0.0056 PGK (High: 0.0175 / Low: 0.0119). On the other end, November was the most stable month, with a tight range of 0.0001 PGK (High: 0.0097 / Low: 0.0095).

March Spread (Volatile) ±0.0056
November Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between May and July, 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 0.0033 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0033

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 0.0174) against the same month in 2021 (average: 0.0185), the exchange rate shifted by -0.0011 (-5.75%).

2022 Avg (January) 0.0174
2021 Avg (January) 0.0185

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0176 0.0173 0.0174
February 0.0175 0.0173 0.0174
March 0.0175 0.0119 0.0140
April 0.0119 0.0099 0.0109
May 0.0101 0.0096 0.0099
June 0.0102 0.0097 0.0099
July 0.0100 0.0098 0.0099
August 0.0099 0.0096 0.0098
September 0.0099 0.0095 0.0098
October 0.0098 0.0096 0.0096
November 0.0097 0.0095 0.0096
December 0.0098 0.0095 0.0096