YEARLY HIGH
64.3437 ETB
YEARLY LOW
11.0550 ETB
YEARLY AVERAGE
12.5511 ETB

2021 PGK to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the PGK to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 64.3437. Conversely, the yearly low was recorded on January 4, dropping to 11.0550.

This high-to-low spread represents a total annual volatility of 53.2887 ETB. From a start-to-finish perspective, comparing the January average rate of 11.1570 to the December average rate of 15.4040, the exchange rate registered a net change of 38.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 64.3437 was up 474.12% compared to the 2020 peak of 11.2074, 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 321,718 ETB
2020 Average 50,361 ETB
Yearly Trough Low 55,275 ETB
Transaction Impact: A difference of 266,443.48 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

15.8287
10.7323
JanuMarcMayJulySeptNove

PGK to ETB 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 11.6785, compared to 13.4238 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 1.7452 points.

H1 Avg (JanтАУJun) 11.6785
H2 Avg (JulтАУDec) 13.4238

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 50.7774 ETB (High: 64.3437 / Low: 13.5662). On the other end, January was the most stable month, with a tight range of 0.1728 ETB (High: 11.2278 / Low: 11.0550).

December Spread (Volatile) ┬▒50.7774
January Spread (Stable) ┬▒0.1728

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 15.4040) against the same month in 2020 (average: 11.0072), the exchange rate shifted by +4.3967 (+39.94%).

2021 Avg (December) 15.4040
2020 Avg (December) 11.0072

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 11.2278 11.0550 11.1570
February 11.4335 11.1429 11.2603
March 11.7028 11.3508 11.4647
April 11.9074 11.6027 11.7667
May 12.3960 11.8134 12.0819
June 12.4568 12.1924 12.3406
July 12.6466 12.3241 12.5424
August 13.0110 12.5349 12.7772
September 13.2158 12.8231 13.0754
October 13.4697 13.0693 13.2622
November 13.5895 13.3853 13.4815
December 64.3437 13.5662 15.4040