YEARLY HIGH
0.7429 WST
YEARLY LOW
0.7032 WST
YEARLY AVERAGE
0.7212 WST

2021 PGK to WST Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the PGK to WST exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 0.7429. Conversely, the yearly low was recorded on February 26, dropping to 0.7032.

This high-to-low spread represents a total annual volatility of 0.0396 WST. From a start-to-finish perspective, comparing the January average rate of 0.7114 to the December average rate of 0.7350, the exchange rate registered a net change of 3.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.7429 was down 9.94% compared to the 2020 peak of 0.8249, 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 3,714 WST
2020 Average 3,838 WST
Yearly Trough Low 3,516 WST
Transaction Impact: A difference of 198.18 WST purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.7375
0.7075
JanuMarcMayJulySeptNove

PGK to WST 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 0.7139, compared to 0.7286 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0147 points.

H1 Avg (Jan–Jun) 0.7139
H2 Avg (Jul–Dec) 0.7286

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 0.0189 WST (High: 0.7271 / Low: 0.7082). On the other end, November was the most stable month, with a tight range of 0.0097 WST (High: 0.7316 / Low: 0.7219).

March Spread (Volatile) ±0.0189
November Spread (Stable) ±0.0097

Growth Streaks & Declines

Trends

Between May and October, 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 April and May, when the average rate fell by 0.0021 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0021

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.7350) against the same month in 2020 (average: 0.7253), the exchange rate shifted by +0.0097 (+1.34%).

2021 Avg (December) 0.7350
2020 Avg (December) 0.7253

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7174 0.7044 0.7114
February 0.7168 0.7032 0.7100
March 0.7271 0.7082 0.7146
April 0.7238 0.7113 0.7161
May 0.7203 0.7084 0.7141
June 0.7258 0.7084 0.7169
July 0.7315 0.7141 0.7256
August 0.7300 0.7194 0.7266
September 0.7312 0.7199 0.7269
October 0.7331 0.7230 0.7293
November 0.7316 0.7219 0.7281
December 0.7429 0.7242 0.7350