YEARLY HIGH
2.2543 HKD
YEARLY LOW
2.1732 HKD
YEARLY AVERAGE
2.2202 HKD

2022 PGK to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the PGK to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 18, valuing the pair at 2.2543. Conversely, the yearly low was recorded on December 18, dropping to 2.1732.

This high-to-low spread represents a total annual volatility of 0.0811 HKD. From a start-to-finish perspective, comparing the January average rate of 2.2115 to the December average rate of 2.2090, the exchange rate registered a net change of -0.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 2.2543 was up 1.40% compared to the 2021 peak of 2.2231, 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 11,271 HKD
2021 Average 11,014 HKD
Yearly Trough Low 10,866 HKD
Transaction Impact: A difference of 405.42 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

2.2311
2.2070
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 2.2187, compared to 2.2217 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0029 points.

H1 Avg (Jan–Jun) 2.2187
H2 Avg (Jul–Dec) 2.2217

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.0605 HKD (High: 2.2543 / Low: 2.1938). On the other end, August was the most stable month, with a tight range of 0.0170 HKD (High: 2.2323 / Low: 2.2153).

September Spread (Volatile) ±0.0605
August Spread (Stable) ±0.0170

Growth Streaks & Declines

Trends

Between January and April, 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 November and December, when the average rate fell by 0.0155 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0155

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 2.2291) against the same month in 2021 (average: 2.2085), the exchange rate shifted by +0.0207 (+0.94%).

2022 Avg (September) 2.2291
2021 Avg (September) 2.2085

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.2270 2.1981 2.2115
February 2.2276 2.1937 2.2158
March 2.2307 2.2026 2.2219
April 2.2355 2.2141 2.2271
May 2.2364 2.2001 2.2255
June 2.2284 2.1838 2.2104
July 2.2298 2.1956 2.2128
August 2.2323 2.2153 2.2264
September 2.2543 2.1938 2.2291
October 2.2483 2.2151 2.2281
November 2.2539 2.2152 2.2245
December 2.2197 2.1732 2.2090