2021 NZD to PGK Historical Review

YEARLY HIGH

2.6257 PGK

YEARLY LOW

2.3643 PGK

YEARLY AVERAGE

2.4960 PGK

2021 NZD to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NZD to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 24, valuing the pair at 2.6257. Conversely, the yearly low was recorded on December 17, dropping to 2.3643.

This high-to-low spread represents a total annual volatility of 0.2614 PGK. From a start-to-finish perspective, comparing the January average rate of 2.5384 to the December average rate of 2.3951, the exchange rate registered a net change of -5.64% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.6257 was up 3.17% compared to the 2020 peak of 2.5451, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13,129 PGK

2020 Average 11,286 PGK

Yearly Trough Low 11,822 PGK

Transaction Impact: A difference of 1,307.02 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.5802

2.3783

JanuMarcMayJulySeptNove

NZD 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 2.5322, compared to 2.4599 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0723 points.

H1 Avg (Jan–Jun) 2.5322

H2 Avg (Jul–Dec) 2.4599

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.1455 PGK (High: 2.5729 / Low: 2.4274). On the other end, December was the most stable month, with a tight range of 0.0562 PGK (High: 2.4205 / Low: 2.3643).

June Spread (Volatile) ±0.1455

December Spread (Stable) ±0.0562

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 November and December, when the average rate fell by 0.0745 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0745

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 2.5633) against the same month in 2020 (average: 2.1746), the exchange rate shifted by +0.3887 (+17.87%).

2021 Avg (February) 2.5633

2020 Avg (February) 2.1746

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.5845	2.5064	2.5384
February	2.6257	2.5180	2.5633
March	2.5737	2.4584	2.5189
April	2.5652	2.4804	2.5202
May	2.5840	2.5197	2.5501
June	2.5729	2.4274	2.5021
July	2.5039	2.4263	2.4552
August	2.5044	2.3941	2.4639
September	2.5374	2.4280	2.4868
October	2.5356	2.4287	2.4885
November	2.5254	2.4017	2.4696
December	2.4205	2.3643	2.3951