2011 PGK to IRR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2011.
2011 PGK to IRR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2011
During 2011, the PGK to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 5231.8449. Conversely, the yearly low was recorded on January 25, dropping to 3924.8133.
This high-to-low spread represents a total annual volatility of 1307.0316 IRR. From a start-to-finish perspective, comparing the January average rate of 3964.0538 to the December average rate of 5081.8933, the exchange rate registered a net change of 28.20% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2011 high of 5231.8449 was up 28.26% compared to the 2010 peak of 4079.0420, 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 IRR 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 4182.4554, compared to 4816.3108 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 633.8554 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2011 was December, with a trading range of 928.4377 IRR (High: 5231.8449 / Low: 4303.4072). On the other end, February was the most stable month, with a tight range of 54.0881 IRR (High: 4000.1669 / Low: 3946.0788).
Growth Streaks & Declines
TrendsBetween January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 174.2735 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2011: 5081.8933) against the same month in 2010 (average: 4014.4935), the exchange rate shifted by +1067.3997 (+26.59%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 3999.4185 | 3924.8133 | 3964.0538 |
| February | 4000.1669 | 3946.0788 | 3967.3983 |
| March | 4071.8315 | 3973.3995 | 3994.1880 |
| April | 4289.9213 | 4023.0197 | 4148.9249 |
| May | 4407.7745 | 4288.6361 | 4349.0674 |
| June | 5068.4396 | 4372.7438 | 4671.1001 |
| July | 4745.1166 | 4603.2794 | 4659.1258 |
| August | 4790.6136 | 4634.6373 | 4747.3296 |
| September | 4865.8648 | 4769.8298 | 4825.8487 |
| October | 5032.6624 | 4816.6471 | 4878.9705 |
| November | 5133.2419 | 4303.4334 | 4704.6970 |
| December | 5231.8449 | 4303.4072 | 5081.8933 |