YEARLY HIGH
0.1498 PGK
YEARLY LOW
0.1422 PGK
YEARLY AVERAGE
0.1464 PGK

2021 HNL to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the HNL to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on August 12, valuing the pair at 0.1498. Conversely, the yearly low was recorded on January 6, dropping to 0.1422.

This high-to-low spread represents a total annual volatility of 0.0076 PGK. From a start-to-finish perspective, comparing the January average rate of 0.1457 to the December average rate of 0.1454, the exchange rate registered a net change of -0.25% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.1498 was up 2.41% compared to the 2020 peak of 0.1462, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 749 PGK
2020 Average 701 PGK
Yearly Trough Low 711 PGK
Transaction Impact: A difference of 37.90 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.1488
0.1450
JanuMarcMayJulySeptNove

HNL 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: JanтАУJun) was 0.1463, compared to 0.1465 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.0003 points.

H1 Avg (JanтАУJun) 0.1463
H2 Avg (JulтАУDec) 0.1465

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 0.0053 PGK (High: 0.1475 / Low: 0.1422). On the other end, April was the most stable month, with a tight range of 0.0018 PGK (High: 0.1480 / Low: 0.1462).

January Spread (Volatile) ┬▒0.0053
April Spread (Stable) ┬▒0.0018

Growth Streaks & Declines

Trends

Between May and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0023 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0023

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2021: 0.1485) against the same month in 2020 (average: 0.1420), the exchange rate shifted by +0.0065 (+4.60%).

2021 Avg (August) 0.1485
2020 Avg (August) 0.1420

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Month High Low Average
January 0.1475 0.1422 0.1457
February 0.1476 0.1450 0.1459
March 0.1468 0.1449 0.1459
April 0.1480 0.1462 0.1469
May 0.1478 0.1459 0.1465
June 0.1489 0.1451 0.1466
July 0.1496 0.1458 0.1472
August 0.1498 0.1469 0.1485
September 0.1484 0.1454 0.1462
October 0.1476 0.1454 0.1460
November 0.1475 0.1455 0.1459
December 0.1468 0.1438 0.1454