YEARLY HIGH
0.0027 PGK
YEARLY LOW
0.0018 PGK
YEARLY AVERAGE
0.0022 PGK

2021 MMK to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MMK to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.0027. Conversely, the yearly low was recorded on October 10, dropping to 0.0018.

This high-to-low spread represents a total annual volatility of 0.0009 PGK. From a start-to-finish perspective, comparing the January average rate of 0.0027 to the December average rate of 0.0020, the exchange rate registered a net change of -25.33% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0027 was down 2.69% compared to the 2020 peak of 0.0028, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13 PGK
2020 Average 13 PGK
Yearly Trough Low 9 PGK
Transaction Impact: A difference of 4.49 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0027
0.0018
JanuMarcMayJulySeptNove

MMK 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 0.0024, compared to 0.0020 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0024
H2 Avg (Jul–Dec) 0.0020

Volatility Range Comparison

Volatility

The most volatile month in 2021 was September, with a trading range of 0.0003 PGK (High: 0.0022 / Low: 0.0019). On the other end, March was the most stable month, with a tight range of 0.0000 PGK (High: 0.0025 / Low: 0.0025).

September Spread (Volatile) ±0.0003
March Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between October and December, 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 April and May, when the average rate fell by 0.0003 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.0027) against the same month in 2020 (average: 0.0023), the exchange rate shifted by +0.0003 (+14.58%).

2021 Avg (January) 0.0027
2020 Avg (January) 0.0023

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0027 0.0026 0.0027
February 0.0027 0.0025 0.0025
March 0.0025 0.0025 0.0025
April 0.0025 0.0023 0.0025
May 0.0023 0.0021 0.0022
June 0.0022 0.0021 0.0021
July 0.0022 0.0021 0.0021
August 0.0022 0.0021 0.0021
September 0.0022 0.0019 0.0020
October 0.0020 0.0018 0.0019
November 0.0020 0.0019 0.0020
December 0.0020 0.0020 0.0020