2021 PGK to MGA Historical Review

YEARLY HIGH

1136.0292 MGA

YEARLY LOW

1046.8935 MGA

YEARLY AVERAGE

1091.9152 MGA

2021 PGK to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the PGK to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on November 19, valuing the pair at 1136.0292. Conversely, the yearly low was recorded on February 28, dropping to 1046.8935.

This high-to-low spread represents a total annual volatility of 89.1358 MGA. From a start-to-finish perspective, comparing the January average rate of 1077.8532 to the December average rate of 1123.9752, the exchange rate registered a net change of 4.28% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 1136.0292 was up 0.31% compared to the 2020 peak of 1132.4786, 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 5,680,146 MGA

2020 Average 5,492,056 MGA

Yearly Trough Low 5,234,467 MGA

Transaction Impact: A difference of 445,678.76 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1135.5350

1056.9881

JanuMarcMayJulySeptNove

PGK to MGA 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 1069.7890, compared to 1114.0414 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 44.2524 points.

H1 Avg (Jan–Jun) 1069.7890

H2 Avg (Jul–Dec) 1114.0414

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 48.0387 MGA (High: 1110.7943 / Low: 1062.7556). On the other end, April was the most stable month, with a tight range of 11.9909 MGA (High: 1077.6605 / Low: 1065.6696).

January Spread (Volatile) ±48.0387

April Spread (Stable) ±11.9909

Growth Streaks & Declines

Trends

Between May and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 14.3195 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -14.3195

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 1128.9894) against the same month in 2020 (average: 1114.7483), the exchange rate shifted by +14.2411 (+1.28%).

2021 Avg (November) 1128.9894

2020 Avg (November) 1114.7483

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1110.7943	1062.7556	1077.8532
February	1077.0057	1046.8935	1063.5337
March	1078.4354	1059.6961	1068.5268
April	1077.6605	1065.6696	1070.8390
May	1074.0762	1055.9628	1065.5429
June	1100.2775	1058.4480	1072.4385
July	1118.9747	1072.4990	1092.6395
August	1117.2431	1079.3144	1101.5540
September	1127.8960	1101.9014	1115.2439
October	1132.0828	1106.7893	1121.8462
November	1136.0292	1119.8739	1128.9894
December	1132.6945	1102.1569	1123.9752