2021 PGK to NZD Historical Review

YEARLY HIGH

0.4230 NZD

YEARLY LOW

0.3808 NZD

YEARLY AVERAGE

0.4008 NZD

2021 PGK to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the PGK to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 0.4230. Conversely, the yearly low was recorded on February 24, dropping to 0.3808.

This high-to-low spread represents a total annual volatility of 0.0421 NZD. From a start-to-finish perspective, comparing the January average rate of 0.3940 to the December average rate of 0.4175, the exchange rate registered a net change of 5.98% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.4230 was down 18.13% compared to the 2020 peak of 0.5166, 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 2,115 NZD

2020 Average 2,223 NZD

Yearly Trough Low 1,904 NZD

Transaction Impact: A difference of 210.53 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.4203

0.3874

JanuMarcMayJulySeptNove

PGK to NZD 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 0.3950, compared to 0.4066 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0116 points.

H1 Avg (Jan–Jun) 0.3950

H2 Avg (Jul–Dec) 0.4066

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.0233 NZD (High: 0.4120 / Low: 0.3887). On the other end, December was the most stable month, with a tight range of 0.0098 NZD (High: 0.4230 / Low: 0.4131).

June Spread (Volatile) ±0.0233

December Spread (Stable) ±0.0098

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0047 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0047

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.4175) against the same month in 2020 (average: 0.4008), the exchange rate shifted by +0.0168 (+4.18%).

2021 Avg (December) 0.4175

2020 Avg (December) 0.4008

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3990	0.3869	0.3940
February	0.3971	0.3808	0.3902
March	0.4068	0.3886	0.3971
April	0.4032	0.3898	0.3968
May	0.3969	0.3870	0.3922
June	0.4120	0.3887	0.3997
July	0.4122	0.3994	0.4073
August	0.4177	0.3993	0.4059
September	0.4119	0.3941	0.4022
October	0.4117	0.3944	0.4019
November	0.4164	0.3960	0.4050
December	0.4230	0.4131	0.4175