YEARLY HIGH
7.0327 HNL
YEARLY LOW
6.6768 HNL
YEARLY AVERAGE
6.8319 HNL

2021 PGK to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the PGK to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 7.0327. Conversely, the yearly low was recorded on August 12, dropping to 6.6768.

This high-to-low spread represents a total annual volatility of 0.3559 HNL. From a start-to-finish perspective, comparing the January average rate of 6.8628 to the December average rate of 6.8797, the exchange rate registered a net change of 0.25% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 7.0327 was down 6.06% compared to the 2020 peak of 7.4867, 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 35,164 HNL
2020 Average 35,667 HNL
Yearly Trough Low 33,384 HNL
Transaction Impact: A difference of 1,779.45 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

6.8942
6.7200
JanuMarcMayJulySeptNove

PGK to HNL 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 6.8378, compared to 6.8259 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 0.0119 points.

H1 Avg (JanтАУJun) 6.8378
H2 Avg (JulтАУDec) 6.8259

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 0.2527 HNL (High: 7.0327 / Low: 6.7800). On the other end, April was the most stable month, with a tight range of 0.0840 HNL (High: 6.8414 / Low: 6.7574).

January Spread (Volatile) ┬▒0.2527
April Spread (Stable) ┬▒0.0840

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 0.0612 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0612

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 6.8628) against the same month in 2020 (average: 7.2840), the exchange rate shifted by -0.4211 (-5.78%).

2021 Avg (January) 6.8628
2020 Avg (January) 7.2840

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 7.0327 6.7800 6.8628
February 6.8955 6.7737 6.8523
March 6.9022 6.8122 6.8552
April 6.8414 6.7574 6.8067
May 6.8537 6.7680 6.8263
June 6.8914 6.7161 6.8237
July 6.8598 6.6851 6.7957
August 6.8059 6.6768 6.7345
September 6.8799 6.7388 6.8404
October 6.8774 6.7750 6.8502
November 6.8743 6.7795 6.8552
December 6.9547 6.8142 6.8797