2022 PGK to AFN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 PGK to AFN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the PGK to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 30.0618. Conversely, the yearly low was recorded on May 4, dropping to 24.1380.
This high-to-low spread represents a total annual volatility of 5.9238 AFN. From a start-to-finish perspective, comparing the January average rate of 29.6739 to the December average rate of 24.8016, the exchange rate registered a net change of -16.42% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2022 high of 30.0618 was down 10.51% compared to the 2021 peak of 33.5919, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 PGK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
PGK to AFN Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 26.0486, compared to 24.9953 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.0532 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was February, with a trading range of 2.5189 AFN (High: 28.4396 / Low: 25.9207). On the other end, November was the most stable month, with a tight range of 0.6046 AFN (High: 25.3205 / Low: 24.7159).
Growth Streaks & Declines
TrendsBetween April and June, 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 January and February, when the average rate fell by 3.1721 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2022: 29.6739) against the same month in 2021 (average: 21.8864), the exchange rate shifted by +7.7874 (+35.58%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 30.0618 | 29.1056 | 29.6739 |
| February | 28.4396 | 25.9207 | 26.5018 |
| March | 26.1452 | 24.5855 | 25.2014 |
| April | 25.2305 | 24.3124 | 24.8456 |
| May | 25.7135 | 24.1380 | 24.9900 |
| June | 25.4505 | 24.5972 | 25.0788 |
| July | 25.6931 | 24.5824 | 25.0093 |
| August | 25.8523 | 25.0043 | 25.3606 |
| September | 25.5600 | 24.6677 | 25.1364 |
| October | 25.1420 | 24.2182 | 24.6876 |
| November | 25.3205 | 24.7159 | 24.9763 |
| December | 25.1778 | 24.3921 | 24.8016 |