YEARLY HIGH
102.1459 MRO
YEARLY LOW
0.2821 MRO
YEARLY AVERAGE
98.7324 MRO

2021 PGK to MRO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the PGK to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on July 15, valuing the pair at 102.1459. Conversely, the yearly low was recorded on December 23, dropping to 0.2821.

This high-to-low spread represents a total annual volatility of 101.8638 MRO. From a start-to-finish perspective, comparing the January average rate of 101.0526 to the December average rate of 71.8576, the exchange rate registered a net change of -28.89% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 102.1459 was down 4.67% compared to the 2020 peak of 107.1449, 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 510,729 MRO
2020 Average 514,740 MRO
Yearly Trough Low 1,411 MRO
Transaction Impact: A difference of 509,318.85 MRO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

104.5962
68.8814
JanuMarcMayJulySeptNove

PGK to MRO 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 101.0611, compared to 96.4036 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.6575 points.

H1 Avg (Jan–Jun) 101.0611
H2 Avg (Jul–Dec) 96.4036

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 101.4272 MRO (High: 101.7094 / Low: 0.2821). On the other end, March was the most stable month, with a tight range of 1.0947 MRO (High: 101.4768 / Low: 100.3821).

December Spread (Volatile) ±101.4272
March Spread (Stable) ±1.0947

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 November and December, when the average rate fell by 29.4401 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -29.4401

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2021: 101.6200) against the same month in 2020 (average: 102.8686), the exchange rate shifted by -1.2487 (-1.21%).

2021 Avg (July) 101.6200
2020 Avg (July) 102.8686

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 101.5647 99.8941 101.0526
February 101.4875 100.2227 100.9132
March 101.4768 100.3821 101.0839
April 101.4485 100.2914 100.8824
May 101.6640 100.1351 101.1525
June 102.0000 100.2830 101.2822
July 102.1459 100.2830 101.6200
August 101.7603 100.3806 101.0808
September 101.7297 100.3791 101.3353
October 101.7496 100.3791 101.2303
November 101.7047 100.4124 101.2977
December 101.7094 0.2821 71.8576