YEARLY HIGH
0.2153 GBP
YEARLY LOW
0.1984 GBP
YEARLY AVERAGE
0.2061 GBP

2021 PGK to GBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the PGK to GBP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 0.2153. Conversely, the yearly low was recorded on May 27, dropping to 0.1984.

This high-to-low spread represents a total annual volatility of 0.0168 GBP. From a start-to-finish perspective, comparing the January average rate of 0.2075 to the December average rate of 0.2129, the exchange rate registered a net change of 2.60% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.2153 was down 15.77% compared to the 2020 peak of 0.2556, 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 1,076 GBP
2020 Average 1,124 GBP
Yearly Trough Low 992 GBP
Transaction Impact: A difference of 84.07 GBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.2140
0.2001
JanuMarcMayJulySeptNove

PGK to GBP 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 0.2039, compared to 0.2082 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0042 points.

H1 Avg (Jan–Jun) 0.2039
H2 Avg (Jul–Dec) 0.2082

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.0079 GBP (High: 0.2070 / Low: 0.1991). On the other end, October was the most stable month, with a tight range of 0.0039 GBP (High: 0.2093 / Low: 0.2055).

June Spread (Volatile) ±0.0079
October Spread (Stable) ±0.0039

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 January and February, when the average rate fell by 0.0037 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0037

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.2129) against the same month in 2020 (average: 0.2115), the exchange rate shifted by +0.0014 (+0.66%).

2021 Avg (December) 0.2129
2020 Avg (December) 0.2115

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2099 0.2045 0.2075
February 0.2081 0.2003 0.2038
March 0.2069 0.2024 0.2043
April 0.2066 0.2010 0.2042
May 0.2050 0.1984 0.2013
June 0.2070 0.1991 0.2025
July 0.2093 0.2030 0.2060
August 0.2090 0.2028 0.2053
September 0.2109 0.2032 0.2066
October 0.2093 0.2055 0.2072
November 0.2133 0.2075 0.2111
December 0.2153 0.2090 0.2129