YEARLY HIGH
12176.8993 IRR
YEARLY LOW
11561.2618 IRR
YEARLY AVERAGE
11984.3345 IRR

2022 PGK to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the PGK to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 18, valuing the pair at 12176.8993. Conversely, the yearly low was recorded on December 18, dropping to 11561.2618.

This high-to-low spread represents a total annual volatility of 615.6375 IRR. From a start-to-finish perspective, comparing the January average rate of 11994.8429 to the December average rate of 11830.8547, the exchange rate registered a net change of -1.37% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 12176.8993 was up 0.96% compared to the 2021 peak of 12060.8011, 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 60,884,497 IRR
2021 Average 59,737,327 IRR
Yearly Trough Low 57,806,309 IRR
Transaction Impact: A difference of 3,078,187.44 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

12058.4387
11810.1653
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 11991.6806, compared to 11976.9885 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 14.6921 points.

H1 Avg (Jan–Jun) 11991.6806
H2 Avg (Jul–Dec) 11976.9885

Volatility Range Comparison

Volatility

The most volatile month in 2022 was December, with a trading range of 501.3271 IRR (High: 12062.5889 / Low: 11561.2618). On the other end, August was the most stable month, with a tight range of 91.9099 IRR (High: 12048.3642 / Low: 11956.4542).

December Spread (Volatile) ±501.3271
August Spread (Stable) ±91.9099

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 206.8945 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -206.8945

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 12022.3045) against the same month in 2021 (average: 11979.2511), the exchange rate shifted by +43.0534 (+0.36%).

2022 Avg (September) 12022.3045
2021 Avg (September) 11979.2511

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 12065.4820 11913.5536 11994.8429
February 12044.2113 11881.6548 12005.7129
March 12051.2821 11902.8864 12008.1931
April 12065.5271 11924.7676 12020.0717
May 12065.5271 11885.6500 11998.4788
June 12045.0955 11767.9625 11922.7842
July 12044.7941 11845.2825 11938.3133
August 12048.3642 11956.4542 12012.0420
September 12176.8993 11835.7880 12022.3045
October 12130.3119 11936.4540 12020.6672
November 12159.8752 11937.3029 12037.7492
December 12062.5889 11561.2618 11830.8547