2021 PGK to WST Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
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.
Comparing the value generated converting 5,000 PGK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |