2021 PGK to COP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 PGK to COP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the PGK to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 1152.9337. Conversely, the yearly low was recorded on January 3, dropping to 959.4589.
This high-to-low spread represents a total annual volatility of 193.4747 COP. From a start-to-finish perspective, comparing the January average rate of 988.0791 to the December average rate of 1125.1150, the exchange rate registered a net change of 13.87% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 1152.9337 was down 6.41% compared to the 2020 peak of 1231.9281, 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 2021.
PGK to COP 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 1025.2948, compared to 1096.2335 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 70.9387 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was November, with a trading range of 78.6740 COP (High: 1144.7965 / Low: 1066.1225). On the other end, September was the most stable month, with a tight range of 28.7992 COP (High: 1096.4610 / Low: 1067.6618).
Growth Streaks & Declines
TrendsBetween January and May, 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 August and September, when the average rate fell by 14.5946 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2021: 1125.1150) against the same month in 2020 (average: 984.7430), the exchange rate shifted by +140.3720 (+14.25%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1025.6271 | 959.4589 | 988.0791 |
| February | 1018.4831 | 982.7676 | 1004.7779 |
| March | 1059.9274 | 999.8594 | 1022.7952 |
| April | 1057.7018 | 1013.1931 | 1029.6869 |
| May | 1091.5638 | 1035.1658 | 1058.7360 |
| June | 1077.2569 | 1018.0277 | 1047.6939 |
| July | 1112.8741 | 1055.2145 | 1089.2831 |
| August | 1138.6177 | 1080.9797 | 1099.7035 |
| September | 1096.4610 | 1067.6618 | 1085.1089 |
| October | 1082.3409 | 1046.3889 | 1070.8303 |
| November | 1144.7965 | 1066.1225 | 1107.3603 |
| December | 1152.9337 | 1097.5293 | 1125.1150 |