2021 PGK to GMD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 PGK to GMD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the PGK to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 15.0627. Conversely, the yearly low was recorded on May 2, dropping to 14.3471.
This high-to-low spread represents a total annual volatility of 0.7156 GMD. From a start-to-finish perspective, comparing the January average rate of 14.6241 to the December average rate of 14.8813, the exchange rate registered a net change of 1.76% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 15.0627 was down 1.78% compared to the 2020 peak of 15.3364, 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 GMD 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 14.5260, compared to 14.6726 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1467 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was September, with a trading range of 0.4344 GMD (High: 14.8249 / Low: 14.3905). On the other end, April was the most stable month, with a tight range of 0.1741 GMD (High: 14.5239 / Low: 14.3498).
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 0.0886 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2021: 14.8813) against the same month in 2020 (average: 14.7194), the exchange rate shifted by +0.1618 (+1.10%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 14.7086 | 14.4818 | 14.6241 |
| February | 14.6546 | 14.4160 | 14.5355 |
| March | 14.5962 | 14.4106 | 14.5253 |
| April | 14.5239 | 14.3498 | 14.4536 |
| May | 14.5949 | 14.3471 | 14.5076 |
| June | 14.6143 | 14.3542 | 14.5095 |
| July | 14.6466 | 14.3655 | 14.5584 |
| August | 14.5885 | 14.3738 | 14.4818 |
| September | 14.8249 | 14.3905 | 14.5977 |
| October | 14.8349 | 14.4805 | 14.6973 |
| November | 14.9281 | 14.7243 | 14.8194 |
| December | 15.0627 | 14.7926 | 14.8813 |