YEARLY HIGH
0.0295 PGK
YEARLY LOW
0.0265 PGK
YEARLY AVERAGE
0.0278 PGK

2021 ISK to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ISK to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on June 1, valuing the pair at 0.0295. Conversely, the yearly low was recorded on November 16, dropping to 0.0265.

This high-to-low spread represents a total annual volatility of 0.0029 PGK. From a start-to-finish perspective, comparing the January average rate of 0.0275 to the December average rate of 0.0271, the exchange rate registered a net change of -1.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0295 was up 4.06% compared to the 2020 peak of 0.0283, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 147 PGK
2020 Average 128 PGK
Yearly Trough Low 133 PGK
Transaction Impact: A difference of 14.70 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0291
0.0268
JanuMarcMayJulySeptNove

ISK 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 0.0281, compared to 0.0275 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 0.0005 points.

H1 Avg (JanтАУJun) 0.0281
H2 Avg (JulтАУDec) 0.0275

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.0014 PGK (High: 0.0294 / Low: 0.0280). On the other end, October was the most stable month, with a tight range of 0.0004 PGK (High: 0.0276 / Low: 0.0272).

May Spread (Volatile) ┬▒0.0014
October Spread (Stable) ┬▒0.0004

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0006 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 0.0289) against the same month in 2020 (average: 0.0255), the exchange rate shifted by +0.0034 (+13.28%).

2021 Avg (June) 0.0289
2020 Avg (June) 0.0255

рдорд╛рд╕рд┐рдХ рд╡рд┐рд╢реНрд▓реЗрд╖рдг

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Month High Low Average
January 0.0280 0.0272 0.0275
February 0.0280 0.0270 0.0276
March 0.0282 0.0274 0.0277
April 0.0288 0.0277 0.0281
May 0.0294 0.0280 0.0286
June 0.0295 0.0283 0.0289
July 0.0287 0.0277 0.0283
August 0.0284 0.0275 0.0280
September 0.0280 0.0270 0.0275
October 0.0276 0.0272 0.0273
November 0.0272 0.0265 0.0270
December 0.0274 0.0269 0.0271