YEARLY HIGH
0.0903 PGK
YEARLY LOW
0.0798 PGK
YEARLY AVERAGE
0.0850 PGK

2021 MUR to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MUR to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 0.0903. Conversely, the yearly low was recorded on December 27, dropping to 0.0798.

This high-to-low spread represents a total annual volatility of 0.0105 PGK. From a start-to-finish perspective, comparing the January average rate of 0.0894 to the December average rate of 0.0810, the exchange rate registered a net change of -9.34% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0903 was down 4.08% compared to the 2020 peak of 0.0942, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 452 PGK
2020 Average 442 PGK
Yearly Trough Low 399 PGK
Transaction Impact: A difference of 52.60 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0902
0.0802
JanuMarcMayJulySeptNove

MUR 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: Jan–Jun) was 0.0878, compared to 0.0821 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0057 points.

H1 Avg (Jan–Jun) 0.0878
H2 Avg (Jul–Dec) 0.0821

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.0044 PGK (High: 0.0872 / Low: 0.0828). On the other end, February was the most stable month, with a tight range of 0.0011 PGK (High: 0.0896 / Low: 0.0885).

June Spread (Volatile) ±0.0044
February Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

Between July and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0040 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0040

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.0894) against the same month in 2020 (average: 0.0930), the exchange rate shifted by -0.0036 (-3.89%).

2021 Avg (January) 0.0894
2020 Avg (January) 0.0930

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0903 0.0888 0.0894
February 0.0896 0.0885 0.0890
March 0.0890 0.0863 0.0880
April 0.0882 0.0863 0.0875
May 0.0885 0.0850 0.0870
June 0.0872 0.0828 0.0860
July 0.0835 0.0813 0.0821
August 0.0838 0.0815 0.0828
September 0.0840 0.0818 0.0828
October 0.0833 0.0812 0.0823
November 0.0821 0.0799 0.0814
December 0.0825 0.0798 0.0810