YEARLY HIGH
0.2535 EUR
YEARLY LOW
0.2284 EUR
YEARLY AVERAGE
0.2397 EUR

2021 PGK to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the PGK to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.2535. Conversely, the yearly low was recorded on January 3, dropping to 0.2284.

This high-to-low spread represents a total annual volatility of 0.0251 EUR. From a start-to-finish perspective, comparing the January average rate of 0.2327 to the December average rate of 0.2506, the exchange rate registered a net change of 7.71% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.2535 was down 8.04% compared to the 2020 peak of 0.2756, 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 1,267 EUR
2020 Average 1,265 EUR
Yearly Trough Low 1,142 EUR
Transaction Impact: A difference of 125.26 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.2524
0.2309
JanuMarcMayJulySeptNove

PGK to EUR 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 0.2349, compared to 0.2444 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0094 points.

H1 Avg (Jan–Jun) 0.2349
H2 Avg (Jul–Dec) 0.2444

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.0101 EUR (High: 0.2408 / Low: 0.2307). On the other end, October was the most stable month, with a tight range of 0.0035 EUR (High: 0.2464 / Low: 0.2429).

June Spread (Volatile) ±0.0101
October Spread (Stable) ±0.0035

Growth Streaks & Declines

Trends

Between August and December, 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 April and May, when the average rate fell by 0.0030 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0030

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.2506) against the same month in 2020 (average: 0.2336), the exchange rate shifted by +0.0170 (+7.26%).

2021 Avg (December) 0.2506
2020 Avg (December) 0.2336

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2351 0.2284 0.2327
February 0.2375 0.2317 0.2337
March 0.2422 0.2345 0.2380
April 0.2407 0.2335 0.2363
May 0.2366 0.2309 0.2333
June 0.2408 0.2307 0.2357
July 0.2431 0.2368 0.2407
August 0.2439 0.2383 0.2406
September 0.2454 0.2368 0.2411
October 0.2464 0.2429 0.2445
November 0.2527 0.2447 0.2488
December 0.2535 0.2490 0.2506