2021 PGK to HKD Historical Review

YEARLY HIGH

2.2231 HKD

YEARLY LOW

2.1694 HKD

YEARLY AVERAGE

2.2027 HKD

2021 PGK to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the PGK to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 23, valuing the pair at 2.2231. Conversely, the yearly low was recorded on January 3, dropping to 2.1694.

This high-to-low spread represents a total annual volatility of 0.0537 HKD. From a start-to-finish perspective, comparing the January average rate of 2.1946 to the December average rate of 2.2095, the exchange rate registered a net change of 0.68% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.2231 was down 4.62% compared to the 2020 peak of 2.3308, 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 11,115 HKD

2020 Average 11,184 HKD

Yearly Trough Low 10,847 HKD

Transaction Impact: A difference of 268.32 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.2136

2.1896

JanuMarcMayJulySeptNove

PGK to HKD 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 2.1971, compared to 2.2084 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0112 points.

H1 Avg (Jan–Jun) 2.1971

H2 Avg (Jul–Dec) 2.2084

Volatility Range Comparison

Volatility

The most volatile month in 2021 was July, with a trading range of 0.0417 HKD (High: 2.2231 / Low: 2.1814). On the other end, April was the most stable month, with a tight range of 0.0222 HKD (High: 2.2055 / Low: 2.1832).

July Spread (Volatile) ±0.0417

April Spread (Stable) ±0.0222

Growth Streaks & Declines

Trends

Between April and July, 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 July and August, when the average rate fell by 0.0078 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0078

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2021: 2.2116) against the same month in 2020 (average: 2.2335), the exchange rate shifted by -0.0219 (-0.98%).

2021 Avg (July) 2.2116

2020 Avg (July) 2.2335

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.2067	2.1694	2.1946
February	2.2039	2.1766	2.1916
March	2.2083	2.1825	2.1987
April	2.2055	2.1832	2.1956
May	2.2102	2.1786	2.2002
June	2.2179	2.1807	2.2020
July	2.2231	2.1814	2.2116
August	2.2193	2.1886	2.2039
September	2.2168	2.1860	2.2085
October	2.2183	2.1872	2.2060
November	2.2197	2.1929	2.2106
December	2.2230	2.1947	2.2095