YEARLY HIGH
2.4604 PGK
YEARLY LOW
1.9578 PGK
YEARLY AVERAGE
2.2434 PGK

2022 NZD to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the NZD to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 26, valuing the pair at 2.4604. Conversely, the yearly low was recorded on October 15, dropping to 1.9578.

This high-to-low spread represents a total annual volatility of 0.5026 PGK. From a start-to-finish perspective, comparing the January average rate of 2.3748 to the December average rate of 2.2408, the exchange rate registered a net change of -5.64% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 2.4604 was down 6.30% compared to the 2021 peak of 2.6257, 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 12,302 PGK
2021 Average 12,477 PGK
Yearly Trough Low 9,789 PGK
Transaction Impact: A difference of 2,513.03 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

2.4620
1.9626
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 2.3396, compared to 2.1472 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1925 points.

H1 Avg (Jan–Jun) 2.3396
H2 Avg (Jul–Dec) 2.1472

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.1943 PGK (High: 2.1648 / Low: 1.9705). On the other end, February was the most stable month, with a tight range of 0.0684 PGK (High: 2.3921 / Low: 2.3237).

September Spread (Volatile) ±0.1943
February Spread (Stable) ±0.0684

Growth Streaks & Declines

Trends

Between October and December, 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 April and May, when the average rate fell by 0.1173 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1173

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 2.4204) against the same month in 2021 (average: 2.5189), the exchange rate shifted by -0.0985 (-3.91%).

2022 Avg (March) 2.4204
2021 Avg (March) 2.5189

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.4147 2.2970 2.3748
February 2.3921 2.3237 2.3495
March 2.4604 2.3729 2.4204
April 2.4441 2.2658 2.3770
May 2.3389 2.1965 2.2597
June 2.3297 2.2100 2.2565
July 2.2336 2.1522 2.2011
August 2.2752 2.1511 2.2044
September 2.1648 1.9705 2.0917
October 2.0589 1.9578 2.0042
November 2.2221 2.0440 2.1408
December 2.2813 2.2032 2.2408