2022 PGK to NGN Historical Review

YEARLY HIGH

127.4157 NGN

YEARLY LOW

115.9385 NGN

YEARLY AVERAGE

120.1075 NGN

2022 PGK to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the PGK to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 127.4157. Conversely, the yearly low was recorded on June 12, dropping to 115.9385.

This high-to-low spread represents a total annual volatility of 11.4771 NGN. From a start-to-finish perspective, comparing the January average rate of 117.4367 to the December average rate of 126.3023, the exchange rate registered a net change of 7.55% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 127.4157 was up 8.06% compared to the 2021 peak of 117.9092, 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 637,078 NGN

2021 Average 571,596 NGN

Yearly Trough Low 579,693 NGN

Transaction Impact: A difference of 57,385.74 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

127.2184

116.2254

JanuMarcMayJulySeptNove

PGK to NGN 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 117.7947, compared to 122.4204 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.6257 points.

H1 Avg (Jan–Jun) 117.7947

H2 Avg (Jul–Dec) 122.4204

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 4.3778 NGN (High: 124.0415 / Low: 119.6637). On the other end, March was the most stable month, with a tight range of 1.0589 NGN (High: 118.5209 / Low: 117.4619).

September Spread (Volatile) ±4.3778

March Spread (Stable) ±1.0589

Growth Streaks & Declines

Trends

Between June and December, 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 May and June, when the average rate fell by 0.5802 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.5802

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 126.3023) against the same month in 2021 (average: 116.5034), the exchange rate shifted by +9.7990 (+8.41%).

2022 Avg (December) 126.3023

2021 Avg (December) 116.5034

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	118.4217	116.1206	117.4367
February	118.6213	117.4577	118.2249
March	118.5209	117.4619	118.1849
April	118.3989	117.1991	118.0583
May	118.3077	116.3294	117.7217
June	118.6469	115.9385	117.1415
July	119.7133	116.1122	118.0506
August	120.9700	117.6360	119.4435
September	124.0415	119.6637	121.6556
October	125.0554	122.5194	123.6403
November	126.1277	123.7747	125.4300
December	127.4157	124.4504	126.3023