YEARLY HIGH
1.0510 AED
YEARLY LOW
1.0278 AED
YEARLY AVERAGE
1.0409 AED

2021 PGK to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the PGK to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on July 15, valuing the pair at 1.0510. Conversely, the yearly low was recorded on January 3, dropping to 1.0278.

This high-to-low spread represents a total annual volatility of 0.0232 AED. From a start-to-finish perspective, comparing the January average rate of 1.0397 to the December average rate of 1.0406, the exchange rate registered a net change of 0.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.0510 was down 4.66% compared to the 2020 peak of 1.1024, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,255 AED
2020 Average 5,296 AED
Yearly Trough Low 5,139 AED
Transaction Impact: A difference of 116.18 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.0463
1.0372
JanuMarcMayJulySeptNove

PGK to AED 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 1.0398, compared to 1.0421 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0023 points.

H1 Avg (Jan–Jun) 1.0398
H2 Avg (Jul–Dec) 1.0421

Volatility Range Comparison

Volatility

The most volatile month in 2021 was July, with a trading range of 0.0192 AED (High: 1.0510 / Low: 1.0318). On the other end, March was the most stable month, with a tight range of 0.0112 AED (High: 1.0440 / Low: 1.0328).

July Spread (Volatile) ±0.0192
March Spread (Stable) ±0.0112

Growth Streaks & Declines

Trends

Between April and July, 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 July and August, when the average rate fell by 0.0056 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0056

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2021: 1.0456) against the same month in 2020 (average: 1.0584), the exchange rate shifted by -0.0128 (-1.21%).

2021 Avg (July) 1.0456
2020 Avg (July) 1.0584

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.0450 1.0278 1.0397
February 1.0442 1.0312 1.0383
March 1.0440 1.0328 1.0400
April 1.0438 1.0319 1.0380
May 1.0459 1.0302 1.0407
June 1.0495 1.0318 1.0421
July 1.0510 1.0318 1.0456
August 1.0470 1.0328 1.0400
September 1.0467 1.0328 1.0426
October 1.0469 1.0328 1.0415
November 1.0464 1.0331 1.0422
December 1.0465 1.0332 1.0406