2011 PGK to CNY Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2011.
2011 PGK to CNY Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2011
During 2011, the PGK to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on November 21, valuing the pair at 3.0123. Conversely, the yearly low was recorded on January 25, dropping to 2.4886.
This high-to-low spread represents a total annual volatility of 0.5237 CNY. From a start-to-finish perspective, comparing the January average rate of 2.5214 to the December average rate of 2.9807, the exchange rate registered a net change of 18.21% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2011 high of 3.0123 was up 16.33% compared to the 2010 peak of 2.5895, 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 2011.
PGK to CNY 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 2.6039, compared to 2.9158 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3119 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2011 was June, with a trading range of 0.1848 CNY (High: 2.8598 / Low: 2.6750). On the other end, September was the most stable month, with a tight range of 0.0195 CNY (High: 2.8967 / Low: 2.8772).
Growth Streaks & Declines
TrendsBetween February and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0089 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2011: 2.9896) against the same month in 2010 (average: 2.5628), the exchange rate shifted by +0.4268 (+16.65%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 2.5562 | 2.4886 | 2.5214 |
| February | 2.5465 | 2.5083 | 2.5212 |
| March | 2.5604 | 2.5107 | 2.5381 |
| April | 2.6598 | 2.5215 | 2.5936 |
| May | 2.6988 | 2.6517 | 2.6796 |
| June | 2.8598 | 2.6750 | 2.7695 |
| July | 2.8849 | 2.8139 | 2.8392 |
| August | 2.9024 | 2.8320 | 2.8744 |
| September | 2.8967 | 2.8772 | 2.8885 |
| October | 2.9815 | 2.8830 | 2.9225 |
| November | 3.0123 | 2.9621 | 2.9896 |
| December | 2.9990 | 2.9584 | 2.9807 |