2022 PGK to LBP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 PGK to LBP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the PGK to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on May 16, valuing the pair at 443.5757. Conversely, the yearly low was recorded on September 12, dropping to 413.7604.
This high-to-low spread represents a total annual volatility of 29.8152 LBP. From a start-to-finish perspective, comparing the January average rate of 429.0579 to the December average rate of 430.6202, the exchange rate registered a net change of 0.36% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 443.5757 was up 1.04% compared to the 2021 peak of 439.0061, 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 2022.
PGK to LBP 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 429.6343, compared to 429.8138 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1795 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was September, with a trading range of 23.9314 LBP (High: 437.6919 / Low: 413.7604). On the other end, April was the most stable month, with a tight range of 4.8492 LBP (High: 433.8828 / Low: 429.0336).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2022. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 3.4349 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2022: 430.6672) against the same month in 2021 (average: 430.9293), the exchange rate shifted by -0.2621 (-0.06%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 433.0740 | 426.1390 | 429.0579 |
| February | 433.9279 | 426.9199 | 430.1758 |
| March | 432.1026 | 425.4623 | 429.9227 |
| April | 433.8828 | 429.0336 | 430.7501 |
| May | 443.5757 | 423.7275 | 430.6672 |
| June | 432.8859 | 423.2279 | 427.2322 |
| July | 431.2264 | 423.6331 | 426.1749 |
| August | 433.7849 | 428.4293 | 430.7323 |
| September | 437.6919 | 413.7604 | 429.3723 |
| October | 434.4261 | 428.8692 | 431.1193 |
| November | 435.1726 | 426.1244 | 430.8638 |
| December | 434.8169 | 423.7274 | 430.6202 |