2021 PGK to XAF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 PGK to XAF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the PGK to XAF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 166.2654. Conversely, the yearly low was recorded on January 3, dropping to 149.8323.
This high-to-low spread represents a total annual volatility of 16.4331 XAF. From a start-to-finish perspective, comparing the January average rate of 152.6129 to the December average rate of 164.3766, the exchange rate registered a net change of 7.71% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 166.2654 was down 8.04% compared to the 2020 peak of 180.7999, 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 XAF 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 154.1097, compared to 160.3068 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 6.1971 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was June, with a trading range of 6.6382 XAF (High: 157.9772 / Low: 151.3390). On the other end, October was the most stable month, with a tight range of 2.2690 XAF (High: 161.6299 / Low: 159.3609).
Growth Streaks & Declines
TrendsBetween August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 1.9533 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2021: 164.3766) against the same month in 2020 (average: 153.2501), the exchange rate shifted by +11.1265 (+7.26%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 154.2056 | 149.8323 | 152.6129 |
| February | 155.8183 | 151.9615 | 153.3159 |
| March | 158.8715 | 153.7940 | 156.0983 |
| April | 157.9108 | 153.1973 | 154.9721 |
| May | 155.1763 | 151.4465 | 153.0188 |
| June | 157.9772 | 151.3390 | 154.6402 |
| July | 159.4397 | 155.3003 | 157.8720 |
| August | 160.0106 | 156.3472 | 157.8041 |
| September | 160.9646 | 155.3630 | 158.1811 |
| October | 161.6299 | 159.3609 | 160.3887 |
| November | 165.7366 | 160.5048 | 163.2186 |
| December | 166.2654 | 163.3207 | 164.3766 |