YEARLY HIGH
0.5115 PGK
YEARLY LOW
0.2133 PGK
YEARLY AVERAGE
0.4092 PGK

2021 TRY to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the TRY to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 20, valuing the pair at 0.5115. Conversely, the yearly low was recorded on December 19, dropping to 0.2133.

This high-to-low spread represents a total annual volatility of 0.2982 PGK. From a start-to-finish perspective, comparing the January average rate of 0.4774 to the December average rate of 0.2657, the exchange rate registered a net change of -44.34% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.5115 was down 12.69% compared to the 2020 peak of 0.5859, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 25,576 PGK
2020 Average 24,899 PGK
Yearly Trough Low 10,664 PGK
Transaction Impact: A difference of 14,911.64 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.5214
0.2425
JanuMarcMayJulySeptNove

TRY 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 0.4495, compared to 0.3690 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0804 points.

H1 Avg (Jan–Jun) 0.4495
H2 Avg (Jul–Dec) 0.3690

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.1168 PGK (High: 0.3301 / Low: 0.2133). On the other end, July was the most stable month, with a tight range of 0.0125 PGK (High: 0.4153 / Low: 0.4028).

December Spread (Volatile) ±0.1168
July Spread (Stable) ±0.0125

Growth Streaks & Declines

Trends

Between June and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0640 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0640

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 0.4982) against the same month in 2020 (average: 0.5610), the exchange rate shifted by -0.0628 (-11.19%).

2021 Avg (February) 0.4982
2020 Avg (February) 0.5610

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4843 0.4709 0.4774
February 0.5115 0.4788 0.4982
March 0.4897 0.4239 0.4597
April 0.4425 0.4180 0.4325
May 0.4300 0.4102 0.4207
June 0.4217 0.3996 0.4082
July 0.4153 0.4028 0.4088
August 0.4256 0.4057 0.4166
September 0.4292 0.3960 0.4112
October 0.3989 0.3615 0.3820
November 0.3686 0.2614 0.3298
December 0.3301 0.2133 0.2657