2011 PGK to FJD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2011.
2011 PGK to FJD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2011
During 2011, the PGK to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 26, valuing the pair at 0.8752. Conversely, the yearly low was recorded on April 14, dropping to 0.6841.
This high-to-low spread represents a total annual volatility of 0.1911 FJD. From a start-to-finish perspective, comparing the January average rate of 0.7034 to the December average rate of 0.8603, the exchange rate registered a net change of 22.32% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2011 high of 0.8752 was up 18.16% compared to the 2010 peak of 0.7406, 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 FJD 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 0.7188, compared to 0.8192 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1004 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2011 was June, with a trading range of 0.0532 FJD (High: 0.7803 / Low: 0.7270). On the other end, December was the most stable month, with a tight range of 0.0119 FJD (High: 0.8674 / Low: 0.8554).
Growth Streaks & Declines
TrendsBetween April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0015 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2011: 0.8550) against the same month in 2010 (average: 0.7101), the exchange rate shifted by +0.1449 (+20.40%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 0.7241 | 0.6922 | 0.7034 |
| February | 0.7176 | 0.6939 | 0.7051 |
| March | 0.7180 | 0.6960 | 0.7097 |
| April | 0.7207 | 0.6841 | 0.7081 |
| May | 0.7426 | 0.7145 | 0.7314 |
| June | 0.7803 | 0.7270 | 0.7550 |
| July | 0.7869 | 0.7485 | 0.7659 |
| August | 0.7959 | 0.7564 | 0.7854 |
| September | 0.8319 | 0.7927 | 0.8100 |
| October | 0.8584 | 0.8114 | 0.8385 |
| November | 0.8752 | 0.8270 | 0.8550 |
| December | 0.8674 | 0.8554 | 0.8603 |