YEARLY HIGH
570.0855 BIF
YEARLY LOW
545.6113 BIF
YEARLY AVERAGE
559.5267 BIF

2021 PGK to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the PGK to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 570.0855. Conversely, the yearly low was recorded on January 3, dropping to 545.6113.

This high-to-low spread represents a total annual volatility of 24.4742 BIF. From a start-to-finish perspective, comparing the January average rate of 551.0401 to the December average rate of 565.9470, the exchange rate registered a net change of 2.71% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 570.0855 was up 0.70% compared to the 2020 peak of 566.1441, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,850,427 BIF
2020 Average 2,759,958 BIF
Yearly Trough Low 2,728,057 BIF
Transaction Impact: A difference of 122,370.78 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

567.4377
549.5494
JanuMarcMayJulySeptNove

PGK to BIF 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 554.5784, compared to 564.4750 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 9.8966 points.

H1 Avg (JanтАУJun) 554.5784
H2 Avg (JulтАУDec) 564.4750

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 12.7457 BIF (High: 562.5604 / Low: 549.8146). On the other end, November was the most stable month, with a tight range of 6.7852 BIF (High: 566.8591 / Low: 560.0740).

May Spread (Volatile) ┬▒12.7457
November Spread (Stable) ┬▒6.7852

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 2.4138 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -2.4138

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 565.9470) against the same month in 2020 (average: 552.4222), the exchange rate shifted by +13.5247 (+2.45%).

2021 Avg (December) 565.9470
2020 Avg (December) 552.4222

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

рдкреНрд░рддреНрдпреЗрдХ рдХреЕрд▓реЗрдВрдбрд░ рдорд╣рд┐рдиреНрдпрд╛рд╕рд╛рдареА рд╕рд╛рдВрдЦреНрдпрд┐рдХреАрдп рд╕рд╛рд░рд╛рдВрд╢.

Month High Low Average
January 554.4554 545.6113 551.0401
February 555.5241 546.5395 551.4004
March 555.8699 549.0012 553.6227
April 557.6487 547.5766 552.1293
May 562.5604 549.8146 557.9406
June 566.7380 556.2482 561.3372
July 568.2403 556.0402 564.1213
August 565.3044 557.6159 561.7075
September 566.3817 558.2299 564.4857
October 566.6228 559.0994 564.9637
November 566.8591 560.0740 565.6247
December 570.0855 561.4609 565.9470