YEARLY HIGH
0.3903 BND
YEARLY LOW
0.3704 BND
YEARLY AVERAGE
0.3808 BND

2021 PGK to BND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the PGK to BND exchange rate experienced significant fluctuation. The market reached its absolute peak on July 20, valuing the pair at 0.3903. Conversely, the yearly low was recorded on January 4, dropping to 0.3704.

This high-to-low spread represents a total annual volatility of 0.0199 BND. From a start-to-finish perspective, comparing the January average rate of 0.3756 to the December average rate of 0.3862, the exchange rate registered a net change of 2.84% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.3903 was down 8.66% compared to the 2020 peak of 0.4273, 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 1,952 BND
2020 Average 1,989 BND
Yearly Trough Low 1,852 BND
Transaction Impact: A difference of 99.71 BND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.3873
0.3742
JanuMarcMayJulySeptNove

PGK to BND 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 0.3772, compared to 0.3843 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0071 points.

H1 Avg (Jan–Jun) 0.3772
H2 Avg (Jul–Dec) 0.3843

Volatility Range Comparison

Volatility

The most volatile month in 2021 was July, with a trading range of 0.0130 BND (High: 0.3903 / Low: 0.3774). On the other end, October was the most stable month, with a tight range of 0.0054 BND (High: 0.3862 / Low: 0.3808).

July Spread (Volatile) ±0.0130
October Spread (Stable) ±0.0054

Growth Streaks & Declines

Trends

Between September and December, 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 March and April, when the average rate fell by 0.0026 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0026

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2021: 0.3854) against the same month in 2020 (average: 0.4001), the exchange rate shifted by -0.0147 (-3.67%).

2021 Avg (July) 0.3854
2020 Avg (July) 0.4001

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3783 0.3704 0.3756
February 0.3803 0.3707 0.3753
March 0.3826 0.3769 0.3800
April 0.3812 0.3747 0.3774
May 0.3795 0.3729 0.3767
June 0.3833 0.3729 0.3783
July 0.3903 0.3774 0.3854
August 0.3881 0.3799 0.3836
September 0.3867 0.3775 0.3824
October 0.3862 0.3808 0.3830
November 0.3894 0.3828 0.3852
December 0.3897 0.3818 0.3862