2021 MYR to PGK Historical Review

YEARLY HIGH

0.8884 PGK

YEARLY LOW

0.8269 PGK

YEARLY AVERAGE

0.8518 PGK

2021 MYR to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MYR to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.8884. Conversely, the yearly low was recorded on July 23, dropping to 0.8269.

This high-to-low spread represents a total annual volatility of 0.0615 PGK. From a start-to-finish perspective, comparing the January average rate of 0.8747 to the December average rate of 0.8381, the exchange rate registered a net change of -4.19% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.8884 was up 1.68% compared to the 2020 peak of 0.8738, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 MYR based on timing:

Yearly Peak High 17,769 PGK

2020 Average 16,521 PGK

Yearly Trough Low 16,539 PGK

Transaction Impact: A difference of 1,230.47 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.8786

0.8324

JanuMarcMayJulySeptNove

MYR 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 0.8624, compared to 0.8412 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0212 points.

H1 Avg (Jan–Jun) 0.8624

H2 Avg (Jul–Dec) 0.8412

Volatility Range Comparison

Volatility

The most volatile month in 2021 was July, with a trading range of 0.0290 PGK (High: 0.8560 / Low: 0.8269). On the other end, April was the most stable month, with a tight range of 0.0100 PGK (High: 0.8627 / Low: 0.8527).

July Spread (Volatile) ±0.0290

April Spread (Stable) ±0.0100

Growth Streaks & Declines

Trends

Between July and October, 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 June and July, when the average rate fell by 0.0165 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0165

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.8747) against the same month in 2020 (average: 0.8344), the exchange rate shifted by +0.0403 (+4.83%).

2021 Avg (January) 0.8747

2020 Avg (January) 0.8344

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8884	0.8695	0.8747
February	0.8824	0.8645	0.8740
March	0.8712	0.8490	0.8592
April	0.8627	0.8527	0.8582
May	0.8705	0.8495	0.8554
June	0.8601	0.8428	0.8527
July	0.8560	0.8269	0.8363
August	0.8487	0.8283	0.8370
September	0.8573	0.8398	0.8457
October	0.8537	0.8393	0.8471
November	0.8487	0.8301	0.8431
December	0.8491	0.8294	0.8381