2022 PGK to YER Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 PGK to YER Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the PGK to YER exchange rate experienced significant fluctuation. The market reached its absolute peak on September 18, valuing the pair at 71.9054. Conversely, the yearly low was recorded on June 11, dropping to 69.6201.
This high-to-low spread represents a total annual volatility of 2.2853 YER. From a start-to-finish perspective, comparing the January average rate of 71.0298 to the December average rate of 70.9819, the exchange rate registered a net change of -0.07% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2022 high of 71.9054 was up 0.40% compared to the 2021 peak of 71.6166, 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 2022.
PGK to YER 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 70.9526, compared to 70.9588 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0063 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was September, with a trading range of 1.9318 YER (High: 71.9054 / Low: 69.9737). On the other end, August was the most stable month, with a tight range of 0.5431 YER (High: 71.1949 / Low: 70.6518).
Growth Streaks & Declines
TrendsBetween June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.4749 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2022: 71.0799) against the same month in 2021 (average: 71.1992), the exchange rate shifted by -0.1193 (-0.17%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 71.4648 | 70.5649 | 71.0298 |
| February | 71.3400 | 70.3760 | 71.0978 |
| March | 71.3045 | 70.5267 | 71.0736 |
| April | 71.2963 | 70.6172 | 71.0775 |
| May | 71.2963 | 70.1506 | 70.9558 |
| June | 71.0408 | 69.6201 | 70.4809 |
| July | 71.0615 | 70.0007 | 70.5535 |
| August | 71.1949 | 70.6518 | 71.0127 |
| September | 71.9054 | 69.9737 | 71.0799 |
| October | 71.6791 | 70.6169 | 71.0317 |
| November | 71.8538 | 70.6220 | 71.0934 |
| December | 71.2304 | 69.8981 | 70.9819 |