YEARLY HIGH
21.7082 INR
YEARLY LOW
20.3732 INR
YEARLY AVERAGE
20.9494 INR

2021 PGK to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the PGK to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 21.7082. Conversely, the yearly low was recorded on February 20, dropping to 20.3732.

This high-to-low spread represents a total annual volatility of 1.3350 INR. From a start-to-finish perspective, comparing the January average rate of 20.6947 to the December average rate of 21.3644, the exchange rate registered a net change of 3.24% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 21.7082 was down 3.55% compared to the 2020 peak of 22.5074, 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 108,541 INR
2020 Average 106,883 INR
Yearly Trough Low 101,866 INR
Transaction Impact: A difference of 6,675.07 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

21.4421
20.5093
JanuMarcMayJulySeptNove

PGK to INR 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 20.7601, compared to 21.1386 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3784 points.

H1 Avg (Jan–Jun) 20.7601
H2 Avg (Jul–Dec) 21.1386

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.7142 INR (High: 21.3424 / Low: 20.6282). On the other end, March was the most stable month, with a tight range of 0.3387 INR (High: 20.8021 / Low: 20.4634).

April Spread (Volatile) ±0.7142
March Spread (Stable) ±0.3387

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.3072 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.3072

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 21.3644) against the same month in 2020 (average: 20.9482), the exchange rate shifted by +0.4163 (+1.99%).

2021 Avg (December) 21.3644
2020 Avg (December) 20.9482

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 20.8761 20.4509 20.6947
February 20.7485 20.3732 20.5871
March 20.8021 20.4634 20.6090
April 21.3424 20.6282 21.0458
May 20.9902 20.4866 20.7386
June 21.1840 20.5361 20.8857
July 21.4018 20.9224 21.2122
August 21.2129 20.6685 20.9850
September 21.0902 20.5600 20.8910
October 21.4591 20.9766 21.2451
November 21.3279 20.9564 21.1339
December 21.7082 21.0011 21.3644