YEARLY HIGH
0.5722 BBD
YEARLY LOW
0.5596 BBD
YEARLY AVERAGE
0.5668 BBD

2021 PGK to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the PGK to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 15, valuing the pair at 0.5722. Conversely, the yearly low was recorded on January 3, dropping to 0.5596.

This high-to-low spread represents a total annual volatility of 0.0126 BBD. From a start-to-finish perspective, comparing the January average rate of 0.5661 to the December average rate of 0.5666, the exchange rate registered a net change of 0.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.5722 was down 4.67% compared to the 2020 peak of 0.6003, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,861 BBD
2020 Average 2,884 BBD
Yearly Trough Low 2,798 BBD
Transaction Impact: A difference of 63.08 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.5697
0.5648
JanuMarcMayJulySeptNove

PGK to BBD 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 0.5662, compared to 0.5674 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.5662
H2 Avg (Jul–Dec) 0.5674

Volatility Range Comparison

Volatility

The most volatile month in 2021 was July, with a trading range of 0.0104 BBD (High: 0.5722 / Low: 0.5618). On the other end, March was the most stable month, with a tight range of 0.0061 BBD (High: 0.5685 / Low: 0.5624).

July Spread (Volatile) ±0.0104
March Spread (Stable) ±0.0061

Growth Streaks & Declines

Trends

Between April and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0030 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0030

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2021: 0.5693) against the same month in 2020 (average: 0.5763), the exchange rate shifted by -0.0070 (-1.21%).

2021 Avg (July) 0.5693
2020 Avg (July) 0.5763

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5690 0.5596 0.5661
February 0.5686 0.5615 0.5653
March 0.5685 0.5624 0.5663
April 0.5683 0.5619 0.5652
May 0.5695 0.5610 0.5667
June 0.5714 0.5618 0.5674
July 0.5722 0.5618 0.5693
August 0.5701 0.5624 0.5663
September 0.5699 0.5623 0.5677
October 0.5700 0.5623 0.5671
November 0.5698 0.5625 0.5675
December 0.5698 0.5626 0.5666