YEARLY HIGH
2.9427 PGK
YEARLY LOW
2.7219 PGK
YEARLY AVERAGE
2.8151 PGK

2021 CAD to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the CAD to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 24, valuing the pair at 2.9427. Conversely, the yearly low was recorded on December 18, dropping to 2.7219.

This high-to-low spread represents a total annual volatility of 0.2208 PGK. From a start-to-finish perspective, comparing the January average rate of 2.7758 to the December average rate of 2.7576, the exchange rate registered a net change of -0.65% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.9427 was up 5.84% compared to the 2020 peak of 2.7803, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 14,714 PGK
2020 Average 12,942 PGK
Yearly Trough Low 13,610 PGK
Transaction Impact: A difference of 1,103.87 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.9258
2.7424
JanuMarcMayJulySeptNove

CAD 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 2.8324, compared to 2.7978 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0346 points.

H1 Avg (Jan–Jun) 2.8324
H2 Avg (Jul–Dec) 2.7978

Volatility Range Comparison

Volatility

The most volatile month in 2021 was July, with a trading range of 0.1421 PGK (High: 2.8904 / Low: 2.7483). On the other end, January was the most stable month, with a tight range of 0.0569 PGK (High: 2.8087 / Low: 2.7518).

July Spread (Volatile) ±0.1421
January Spread (Stable) ±0.0569

Growth Streaks & Declines

Trends

Between January and May, 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 June and July, when the average rate fell by 0.0732 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0732

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 2.9105) against the same month in 2020 (average: 2.4765), the exchange rate shifted by +0.4341 (+17.53%).

2021 Avg (May) 2.9105
2020 Avg (May) 2.4765

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.8087 2.7518 2.7758
February 2.8236 2.7427 2.7863
March 2.8478 2.7746 2.8094
April 2.8755 2.8030 2.8305
May 2.9427 2.8601 2.9105
June 2.9389 2.8082 2.8818
July 2.8904 2.7483 2.8086
August 2.8417 2.7360 2.8028
September 2.8369 2.7452 2.7809
October 2.8574 2.7879 2.8345
November 2.8431 2.7598 2.8022
December 2.7952 2.7219 2.7576