2021 PGK to INR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
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.
Comparing the value generated converting 5,000 PGK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |