2021 PGK to GBP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
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.
Comparing the value generated converting 5,000 PGK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |