YEARLY HIGH
9.4793 PGK
YEARLY LOW
9.2680 PGK
YEARLY AVERAGE
9.3600 PGK

2021 BHD to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BHD to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 9.4793. Conversely, the yearly low was recorded on July 23, dropping to 9.2680.

This high-to-low spread represents a total annual volatility of 0.2113 PGK. From a start-to-finish perspective, comparing the January average rate of 9.3694 to the December average rate of 9.3623, the exchange rate registered a net change of -0.08% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 9.4793 was up 0.55% compared to the 2020 peak of 9.4272, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 BHD based on timing:

Yearly Peak High 47,396 PGK
2020 Average 45,977 PGK
Yearly Trough Low 46,340 PGK
Transaction Impact: A difference of 1,056.29 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

9.3935
9.3124
JanuMarcMayJulySeptNove

BHD to PGK 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 9.3703, compared to 9.3497 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0206 points.

H1 Avg (Jan–Jun) 9.3703
H2 Avg (Jul–Dec) 9.3497

Volatility Range Comparison

Volatility

The most volatile month in 2021 was July, with a trading range of 0.1750 PGK (High: 9.4430 / Low: 9.2680). On the other end, April was the most stable month, with a tight range of 0.0824 PGK (High: 9.4407 / Low: 9.3584).

July Spread (Volatile) ±0.1750
April Spread (Stable) ±0.0824

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0315 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0315

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 9.3694) against the same month in 2020 (average: 9.0255), the exchange rate shifted by +0.3439 (+3.81%).

2021 Avg (January) 9.3694
2020 Avg (January) 9.0255

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 9.4793 9.3231 9.3694
February 9.4455 9.3292 9.3832
March 9.4297 9.3318 9.3675
April 9.4407 9.3584 9.3867
May 9.4560 9.3140 9.3642
June 9.4438 9.2856 9.3507
July 9.4430 9.2680 9.3191
August 9.4339 9.3062 9.3694
September 9.4369 9.3096 9.3463
October 9.4352 9.3031 9.3547
November 9.4296 9.3074 9.3465
December 9.4214 9.3092 9.3623