YEARLY HIGH
2.0748 CNY
YEARLY LOW
1.7812 CNY
YEARLY AVERAGE
1.9077 CNY

2022 PGK to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the PGK to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on October 23, valuing the pair at 2.0748. Conversely, the yearly low was recorded on March 3, dropping to 1.7812.

This high-to-low spread represents a total annual volatility of 0.2936 CNY. From a start-to-finish perspective, comparing the January average rate of 1.8039 to the December average rate of 1.9776, the exchange rate registered a net change of 9.63% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 2.0748 was up 11.47% compared to the 2021 peak of 1.8614, 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 10,374 CNY
2021 Average 9,142 CNY
Yearly Trough Low 8,906 CNY
Transaction Impact: A difference of 1,468.11 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

2.0647
1.7780
JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 1.8365, compared to 1.9788 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1422 points.

H1 Avg (Jan–Jun) 1.8365
H2 Avg (Jul–Dec) 1.9788

Volatility Range Comparison

Volatility

The most volatile month in 2022 was April, with a trading range of 0.0839 CNY (High: 1.8842 / Low: 1.8004). On the other end, February was the most stable month, with a tight range of 0.0258 CNY (High: 1.8129 / Low: 1.7871).

April Spread (Volatile) ±0.0839
February Spread (Stable) ±0.0258

Growth Streaks & Declines

Trends

Between June and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0581 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0581

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2022: 2.0408) against the same month in 2021 (average: 1.8208), the exchange rate shifted by +0.2200 (+12.09%).

2022 Avg (October) 2.0408
2021 Avg (October) 1.8208

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.8213 1.7912 1.8039
February 1.8129 1.7871 1.8019
March 1.8138 1.7812 1.8022
April 1.8842 1.8004 1.8261
May 1.9314 1.8622 1.8994
June 1.9169 1.8664 1.8858
July 1.9199 1.8791 1.8983
August 1.9649 1.9093 1.9298
September 2.0409 1.9605 1.9904
October 2.0748 2.0080 2.0408
November 2.0720 1.9993 2.0358
December 2.0003 1.9473 1.9776