YEARLY HIGH
12060.8011 IRR
YEARLY LOW
11781.6265 IRR
YEARLY AVERAGE
11947.1604 IRR

2021 PGK to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the PGK to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 23, valuing the pair at 12060.8011. Conversely, the yearly low was recorded on January 3, dropping to 11781.6265.

This high-to-low spread represents a total annual volatility of 279.1746 IRR. From a start-to-finish perspective, comparing the January average rate of 11919.2901 to the December average rate of 11973.1013, the exchange rate registered a net change of 0.45% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 12060.8011 was down 36.56% compared to the 2020 peak of 19011.9680, 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 60,304,006 IRR
2020 Average 60,808,761 IRR
Yearly Trough Low 58,908,132 IRR
Transaction Impact: A difference of 1,395,873.09 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

12003.5707
11888.6177
JanuMarcMayJulySeptNove

PGK to IRR 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 11919.8159, compared to 11974.5050 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 54.6891 points.

H1 Avg (JanтАУJun) 11919.8159
H2 Avg (JulтАУDec) 11974.5050

Volatility Range Comparison

Volatility

The most volatile month in 2021 was July, with a trading range of 233.3014 IRR (High: 12060.8011 / Low: 11827.4997). On the other end, March was the most stable month, with a tight range of 129.1089 IRR (High: 11968.3017 / Low: 11839.1928).

July Spread (Volatile) ┬▒233.3014
March Spread (Stable) ┬▒129.1089

Growth Streaks & Declines

Trends

Between April and July, 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 July and August, when the average rate fell by 53.3825 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -53.3825

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2021: 11993.9913) against the same month in 2020 (average: 12357.0897), the exchange rate shifted by -363.0985 (-2.94%).

2021 Avg (July) 11993.9913
2020 Avg (July) 12357.0897

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 11978.6629 11781.6265 11919.2901
February 11969.5606 11820.3907 11901.8019
March 11968.3017 11839.1928 11922.6100
April 11964.9585 11828.4898 11898.1971
May 11990.3769 11810.0629 11930.3747
June 12030.0000 11827.4997 11946.6215
July 12060.8011 11827.4997 11993.9913
August 12028.1007 11851.1064 11940.6087
September 12030.8927 11866.6639 11979.2511
October 12045.3650 11863.8038 11970.7392
November 12042.3335 11883.5430 11989.3382
December 12039.5050 11884.3486 11973.1013