YEARLY HIGH
1.9776 BOB
YEARLY LOW
1.9163 BOB
YEARLY AVERAGE
1.9543 BOB

2022 PGK to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the PGK to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on October 11, valuing the pair at 1.9776. Conversely, the yearly low was recorded on June 11, dropping to 1.9163.

This high-to-low spread represents a total annual volatility of 0.0613 BOB. From a start-to-finish perspective, comparing the January average rate of 1.9554 to the December average rate of 1.9604, the exchange rate registered a net change of 0.25% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 1.9776 was down 0.64% compared to the 2021 peak of 1.9902, 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 9,888 BOB
2021 Average 9,782 BOB
Yearly Trough Low 9,581 BOB
Transaction Impact: A difference of 306.43 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

1.9641
1.9359
JanuMarcMayJulySeptNove

PGK to BOB 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 1.9515, compared to 1.9570 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0055 points.

H1 Avg (Jan–Jun) 1.9515
H2 Avg (Jul–Dec) 1.9570

Volatility Range Comparison

Volatility

The most volatile month in 2022 was June, with a trading range of 0.0383 BOB (High: 1.9546 / Low: 1.9163). On the other end, April was the most stable month, with a tight range of 0.0145 BOB (High: 1.9656 / Low: 1.9511).

June Spread (Volatile) ±0.0383
April Spread (Stable) ±0.0145

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 May and June, when the average rate fell by 0.0100 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0100

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2022: 1.9617) against the same month in 2021 (average: 1.9576), the exchange rate shifted by +0.0041 (+0.21%).

2022 Avg (October) 1.9617
2021 Avg (October) 1.9576

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.9677 1.9454 1.9554
February 1.9639 1.9412 1.9552
March 1.9620 1.9412 1.9536
April 1.9656 1.9511 1.9561
May 1.9615 1.9320 1.9495
June 1.9546 1.9163 1.9395
July 1.9561 1.9236 1.9382
August 1.9717 1.9475 1.9590
September 1.9727 1.9399 1.9614
October 1.9776 1.9427 1.9617
November 1.9700 1.9465 1.9615
December 1.9671 1.9362 1.9604