YEARLY HIGH
0.1802 PGK
YEARLY LOW
0.1611 PGK
YEARLY AVERAGE
0.1740 PGK

2021 MXN to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MXN to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 20, valuing the pair at 0.1802. Conversely, the yearly low was recorded on November 27, dropping to 0.1611.

This high-to-low spread represents a total annual volatility of 0.0191 PGK. From a start-to-finish perspective, comparing the January average rate of 0.1769 to the December average rate of 0.1690, the exchange rate registered a net change of -4.51% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.1802 was down 2.66% compared to the 2020 peak of 0.1851, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 MXN based on timing:

Yearly Peak High 9,011 PGK
2020 Average 8,123 PGK
Yearly Trough Low 8,055 PGK
Transaction Impact: A difference of 955.62 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.1778
0.1680
JanuMarcMayJulySeptNove

MXN 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 0.1751, compared to 0.1730 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0020 points.

H1 Avg (Jan–Jun) 0.1751
H2 Avg (Jul–Dec) 0.1730

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0124 PGK (High: 0.1735 / Low: 0.1611). On the other end, May was the most stable month, with a tight range of 0.0043 PGK (High: 0.1784 / Low: 0.1741).

November Spread (Volatile) ±0.0124
May Spread (Stable) ±0.0043

Growth Streaks & Declines

Trends

Between March and May, 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 February and March, when the average rate fell by 0.0042 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0042

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.1769) against the same month in 2020 (average: 0.1810), the exchange rate shifted by -0.0040 (-2.23%).

2021 Avg (January) 0.1769
2020 Avg (January) 0.1810

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1802 0.1712 0.1769
February 0.1782 0.1685 0.1743
March 0.1733 0.1642 0.1701
April 0.1794 0.1739 0.1764
May 0.1784 0.1741 0.1767
June 0.1796 0.1693 0.1759
July 0.1800 0.1740 0.1761
August 0.1789 0.1736 0.1759
September 0.1787 0.1707 0.1759
October 0.1752 0.1693 0.1724
November 0.1735 0.1611 0.1688
December 0.1732 0.1639 0.1690