YEARLY HIGH
0.0044 PGK
YEARLY LOW
0.0034 PGK
YEARLY AVERAGE
0.0038 PGK

2022 MWK to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MWK to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 12, valuing the pair at 0.0044. Conversely, the yearly low was recorded on September 24, dropping to 0.0034.

This high-to-low spread represents a total annual volatility of 0.0010 PGK. From a start-to-finish perspective, comparing the January average rate of 0.0043 to the December average rate of 0.0034, the exchange rate registered a net change of -20.32% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0044 was down 4.21% compared to the 2021 peak of 0.0046, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 22 PGK
2021 Average 22 PGK
Yearly Trough Low 17 PGK
Transaction Impact: A difference of 5.03 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0045
0.0033
JanuMarcMayJulySeptNove

MWK 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 0.0042, compared to 0.0034 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0042
H2 Avg (Jul–Dec) 0.0034

Volatility Range Comparison

Volatility

The most volatile month in 2022 was June, with a trading range of 0.0009 PGK (High: 0.0044 / Low: 0.0034). On the other end, August was the most stable month, with a tight range of 0.0000 PGK (High: 0.0035 / Low: 0.0034).

June Spread (Volatile) ±0.0009
August Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between August and October, 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 May and June, when the average rate fell by 0.0007 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2022: 0.0044) against the same month in 2021 (average: 0.0045), the exchange rate shifted by -0.0002 (-3.96%).

2022 Avg (February) 0.0044
2021 Avg (February) 0.0045

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0043 0.0043 0.0043
February 0.0044 0.0043 0.0044
March 0.0044 0.0043 0.0043
April 0.0044 0.0043 0.0043
May 0.0044 0.0042 0.0043
June 0.0044 0.0034 0.0036
July 0.0035 0.0034 0.0035
August 0.0035 0.0034 0.0034
September 0.0035 0.0034 0.0034
October 0.0035 0.0034 0.0034
November 0.0035 0.0034 0.0034
December 0.0035 0.0034 0.0034