YEARLY HIGH
0.6553 TOP
YEARLY LOW
0.6266 TOP
YEARLY AVERAGE
0.6421 TOP

2021 PGK to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the PGK to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 7, valuing the pair at 0.6553. Conversely, the yearly low was recorded on June 1, dropping to 0.6266.

This high-to-low spread represents a total annual volatility of 0.0287 TOP. From a start-to-finish perspective, comparing the January average rate of 0.6457 to the December average rate of 0.6473, the exchange rate registered a net change of 0.25% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.6553 was down 7.08% compared to the 2020 peak of 0.7052, 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 3,276 TOP
2020 Average 3,319 TOP
Yearly Trough Low 3,133 TOP
Transaction Impact: A difference of 143.44 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.6503
0.6326
JanuMarcMayJulySeptNove

PGK to TOP 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 0.6426, compared to 0.6416 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.6426
H2 Avg (Jul–Dec) 0.6416

Volatility Range Comparison

Volatility

The most volatile month in 2021 was September, with a trading range of 0.0169 TOP (High: 0.6465 / Low: 0.6296). On the other end, December was the most stable month, with a tight range of 0.0112 TOP (High: 0.6531 / Low: 0.6419).

September Spread (Volatile) ±0.0169
December Spread (Stable) ±0.0112

Growth Streaks & Declines

Trends

Between October and December, 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 0.0052 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0052

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 0.6488) against the same month in 2020 (average: 0.6808), the exchange rate shifted by -0.0320 (-4.70%).

2021 Avg (February) 0.6488
2020 Avg (February) 0.6808

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6518 0.6369 0.6457
February 0.6553 0.6391 0.6488
March 0.6521 0.6401 0.6457
April 0.6486 0.6368 0.6432
May 0.6442 0.6309 0.6380
June 0.6409 0.6266 0.6341
July 0.6467 0.6328 0.6426
August 0.6476 0.6343 0.6410
September 0.6465 0.6296 0.6393
October 0.6451 0.6327 0.6389
November 0.6484 0.6349 0.6407
December 0.6531 0.6419 0.6473