2021 PGK to IRR Historical Review

YEARLY HIGH

12060.8011 IRR

YEARLY LOW

11781.6265 IRR

YEARLY AVERAGE

11947.1604 IRR

2021 PGK to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the PGK to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 23, valuing the pair at 12060.8011. Conversely, the yearly low was recorded on January 3, dropping to 11781.6265.

This high-to-low spread represents a total annual volatility of 279.1746 IRR. From a start-to-finish perspective, comparing the January average rate of 11919.2901 to the December average rate of 11973.1013, the exchange rate registered a net change of 0.45% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 12060.8011 was down 36.56% compared to the 2020 peak of 19011.9680, 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 60,304,006 IRR

2020 Average 60,808,761 IRR

Yearly Trough Low 58,908,132 IRR

Transaction Impact: A difference of 1,395,873.09 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

12003.5707

11888.6177

JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 11919.8159, compared to 11974.5050 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 54.6891 points.

H1 Avg (Jan–Jun) 11919.8159

H2 Avg (Jul–Dec) 11974.5050

Volatility Range Comparison

Volatility

The most volatile month in 2021 was July, with a trading range of 233.3014 IRR (High: 12060.8011 / Low: 11827.4997). On the other end, March was the most stable month, with a tight range of 129.1089 IRR (High: 11968.3017 / Low: 11839.1928).

July Spread (Volatile) ±233.3014

March Spread (Stable) ±129.1089

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 53.3825 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -53.3825

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2021: 11993.9913) against the same month in 2020 (average: 12357.0897), the exchange rate shifted by -363.0985 (-2.94%).

2021 Avg (July) 11993.9913

2020 Avg (July) 12357.0897

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11978.6629	11781.6265	11919.2901
February	11969.5606	11820.3907	11901.8019
March	11968.3017	11839.1928	11922.6100
April	11964.9585	11828.4898	11898.1971
May	11990.3769	11810.0629	11930.3747
June	12030.0000	11827.4997	11946.6215
July	12060.8011	11827.4997	11993.9913
August	12028.1007	11851.1064	11940.6087
September	12030.8927	11866.6639	11979.2511
October	12045.3650	11863.8038	11970.7392
November	12042.3335	11883.5430	11989.3382
December	12039.5050	11884.3486	11973.1013