2022 PGK to LRD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 PGK to LRD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the PGK to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 18, valuing the pair at 44.2274. Conversely, the yearly low was recorded on January 1, dropping to 41.1702.
This high-to-low spread represents a total annual volatility of 3.0572 LRD. From a start-to-finish perspective, comparing the January average rate of 42.4062 to the December average rate of 43.7285, the exchange rate registered a net change of 3.12% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 44.2274 was down 10.53% compared to the 2021 peak of 49.4309, 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 LRD 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 43.1306, compared to 43.5579 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4273 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was January, with a trading range of 2.2336 LRD (High: 43.4038 / Low: 41.1702). On the other end, August was the most stable month, with a tight range of 0.3737 LRD (High: 43.7273 / Low: 43.3536).
Growth Streaks & Declines
TrendsBetween June and September, 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 March and April, when the average rate fell by 0.3863 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2022: 43.6974) against the same month in 2021 (average: 48.6803), the exchange rate shifted by -4.9829 (-10.24%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 43.4038 | 41.1702 | 42.4062 |
| February | 43.9772 | 43.1958 | 43.6629 |
| March | 43.9509 | 43.3034 | 43.6247 |
| April | 43.4149 | 42.9009 | 43.2385 |
| May | 43.6329 | 42.4518 | 43.0229 |
| June | 43.1497 | 42.2868 | 42.8285 |
| July | 43.6056 | 42.6249 | 43.0013 |
| August | 43.7273 | 43.3536 | 43.5908 |
| September | 44.2274 | 43.0392 | 43.6974 |
| October | 44.0100 | 43.3578 | 43.6154 |
| November | 44.1531 | 43.3468 | 43.7139 |
| December | 43.8778 | 43.0057 | 43.7285 |