2022 PGK to NPR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 PGK to NPR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the PGK to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 19, valuing the pair at 37.7015. Conversely, the yearly low was recorded on January 5, dropping to 33.5337.
This high-to-low spread represents a total annual volatility of 4.1678 NPR. From a start-to-finish perspective, comparing the January average rate of 33.7940 to the December average rate of 37.4125, the exchange rate registered a net change of 10.71% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 37.7015 was up 8.37% compared to the 2021 peak of 34.7894, 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 NPR 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 34.5556, compared to 36.7141 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.1584 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was September, with a trading range of 1.3384 NPR (High: 37.2135 / Low: 35.8751). On the other end, April was the most stable month, with a tight range of 0.5744 NPR (High: 34.8499 / Low: 34.2755).
Growth Streaks & Declines
TrendsBetween January and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.2725 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2022: 37.3808) against the same month in 2021 (average: 33.9671), the exchange rate shifted by +3.4137 (+10.05%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 34.2083 | 33.5337 | 33.7940 |
| February | 34.4262 | 33.7032 | 34.0611 |
| March | 35.0230 | 34.3312 | 34.6270 |
| April | 34.8499 | 34.2755 | 34.6346 |
| May | 35.3521 | 34.4146 | 35.0382 |
| June | 35.5079 | 34.6445 | 35.1788 |
| July | 36.2848 | 35.4647 | 35.8496 |
| August | 36.3580 | 35.6899 | 36.1303 |
| September | 37.2135 | 35.8751 | 36.4028 |
| October | 37.7015 | 37.0026 | 37.3808 |
| November | 37.5954 | 36.4453 | 37.1083 |
| December | 37.6415 | 36.8797 | 37.4125 |