2021 PGK to SYP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 PGK to SYP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the PGK to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 715.8120. Conversely, the yearly low was recorded on January 3, dropping to 143.4351.
This high-to-low spread represents a total annual volatility of 572.3768 SYP. From a start-to-finish perspective, comparing the January average rate of 145.1701 to the December average rate of 711.7993, the exchange rate registered a net change of 390.32% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 715.8120 was up 363.21% compared to the 2020 peak of 154.5316, 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 2021.
PGK to SYP 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 260.8549, compared to 439.7223 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 178.8673 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was November, with a trading range of 359.7150 SYP (High: 715.7795 / Low: 356.0645). On the other end, February was the most stable month, with a tight range of 1.8473 SYP (High: 145.7883 / Low: 143.9410).
Growth Streaks & Declines
TrendsBetween February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 1.8944 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2021: 711.7993) against the same month in 2020 (average: 145.8541), the exchange rate shifted by +565.9452 (+388.02%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 145.9028 | 143.4351 | 145.1701 |
| February | 145.7883 | 143.9410 | 144.9483 |
| March | 357.2669 | 144.1972 | 206.4487 |
| April | 357.3723 | 353.2756 | 355.3833 |
| May | 358.1370 | 352.7440 | 356.3390 |
| June | 359.4011 | 353.2952 | 356.8401 |
| July | 359.8203 | 353.3167 | 357.9761 |
| August | 358.4685 | 353.6317 | 356.0817 |
| September | 358.3563 | 353.6246 | 356.9574 |
| October | 358.3622 | 353.5592 | 356.5120 |
| November | 715.7795 | 356.0645 | 499.0070 |
| December | 715.8120 | 706.7320 | 711.7993 |