YEARLY HIGH
0.2278 PGK
YEARLY LOW
0.2225 PGK
YEARLY AVERAGE
0.2248 PGK

2021 EGP to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the EGP to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 0.2278. Conversely, the yearly low was recorded on July 15, dropping to 0.2225.

This high-to-low spread represents a total annual volatility of 0.0053 PGK. From a start-to-finish perspective, comparing the January average rate of 0.2248 to the December average rate of 0.2246, the exchange rate registered a net change of -0.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.2278 was up 0.37% compared to the 2020 peak of 0.2270, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,139 PGK
2020 Average 1,097 PGK
Yearly Trough Low 1,113 PGK
Transaction Impact: A difference of 26.30 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.2260
0.2238
JanuMarcMayJulySeptNove

EGP 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 0.2252, compared to 0.2244 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.2252
H2 Avg (Jul–Dec) 0.2244

Volatility Range Comparison

Volatility

The most volatile month in 2021 was July, with a trading range of 0.0046 PGK (High: 0.2272 / Low: 0.2225). On the other end, March was the most stable month, with a tight range of 0.0022 PGK (High: 0.2261 / Low: 0.2239).

July Spread (Volatile) ±0.0046
March Spread (Stable) ±0.0022

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 0.0010 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 0.2253) against the same month in 2020 (average: 0.2198), the exchange rate shifted by +0.0054 (+2.46%).

2021 Avg (May) 0.2253
2020 Avg (May) 0.2198

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2277 0.2233 0.2248
February 0.2278 0.2236 0.2258
March 0.2261 0.2239 0.2249
April 0.2275 0.2240 0.2255
May 0.2278 0.2237 0.2253
June 0.2274 0.2235 0.2250
July 0.2272 0.2225 0.2240
August 0.2266 0.2235 0.2249
September 0.2264 0.2233 0.2243
October 0.2263 0.2234 0.2244
November 0.2262 0.2233 0.2242
December 0.2259 0.2230 0.2246