2011 PGK to GNF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2011.
2011 PGK to GNF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2011
During 2011, the PGK to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 6, valuing the pair at 3304.9087. Conversely, the yearly low was recorded on January 11, dropping to 2641.0816.
This high-to-low spread represents a total annual volatility of 663.8271 GNF. From a start-to-finish perspective, comparing the January average rate of 2759.0444 to the December average rate of 3256.2336, the exchange rate registered a net change of 18.02% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2011 high of 3304.9087 was up 19.48% compared to the 2010 peak of 2766.1473, 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 GNF 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 2819.7448, compared to 3081.0623 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 261.3175 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2011 was March, with a trading range of 265.9173 GNF (High: 2960.5631 / Low: 2694.6458). On the other end, July was the most stable month, with a tight range of 101.7193 GNF (High: 3010.9389 / Low: 2909.2196).
Growth Streaks & Declines
TrendsBetween September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 65.3849 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2011: 3256.2336) against the same month in 2010 (average: 2689.9615), the exchange rate shifted by +566.2721 (+21.05%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 2899.0143 | 2641.0816 | 2759.0444 |
| February | 2943.5976 | 2766.7756 | 2823.5538 |
| March | 2960.5631 | 2694.6458 | 2758.1689 |
| April | 2879.7361 | 2721.4764 | 2805.3119 |
| May | 2979.0269 | 2736.8549 | 2912.7656 |
| June | 2964.5531 | 2744.7137 | 2859.6241 |
| July | 3010.9389 | 2909.2196 | 2939.5775 |
| August | 3164.2713 | 2920.5663 | 3015.2021 |
| September | 3078.9634 | 2884.5250 | 2983.9710 |
| October | 3190.1541 | 3005.0839 | 3097.9205 |
| November | 3268.6585 | 3115.5558 | 3193.4693 |
| December | 3304.9087 | 3166.4088 | 3256.2336 |