YEARLY HIGH
0.0086 PGK
YEARLY LOW
0.0078 PGK
YEARLY AVERAGE
0.0083 PGK

2022 NGN to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the NGN to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on June 12, valuing the pair at 0.0086. Conversely, the yearly low was recorded on December 19, dropping to 0.0078.

This high-to-low spread represents a total annual volatility of 0.0008 PGK. From a start-to-finish perspective, comparing the January average rate of 0.0085 to the December average rate of 0.0079, the exchange rate registered a net change of -7.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0086 was down 7.76% compared to the 2021 peak of 0.0094, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 NGN based on timing:

Yearly Peak High 8,625 PGK
2021 Average 8,756 PGK
Yearly Trough Low 7,848 PGK
Transaction Impact: A difference of 776.93 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0086
0.0079
JanuMarcMayJulySeptNove

NGN 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 0.0085, compared to 0.0082 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0085
H2 Avg (Jul–Dec) 0.0082

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.0003 PGK (High: 0.0084 / Low: 0.0081). On the other end, March was the most stable month, with a tight range of 0.0001 PGK (High: 0.0085 / Low: 0.0084).

September Spread (Volatile) ±0.0003
March Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0002 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2022: 0.0085) against the same month in 2021 (average: 0.0086), the exchange rate shifted by -0.0000 (-0.38%).

2022 Avg (June) 0.0085
2021 Avg (June) 0.0086

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0086 0.0084 0.0085
February 0.0085 0.0084 0.0085
March 0.0085 0.0084 0.0085
April 0.0085 0.0084 0.0085
May 0.0086 0.0085 0.0085
June 0.0086 0.0084 0.0085
July 0.0086 0.0084 0.0085
August 0.0085 0.0083 0.0084
September 0.0084 0.0081 0.0082
October 0.0082 0.0080 0.0081
November 0.0081 0.0079 0.0080
December 0.0080 0.0078 0.0079