YEARLY HIGH
0.1195 PGK
YEARLY LOW
0.1035 PGK
YEARLY AVERAGE
0.1105 PGK

2021 THB to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the THB to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.1195. Conversely, the yearly low was recorded on October 10, dropping to 0.1035.

This high-to-low spread represents a total annual volatility of 0.0160 PGK. From a start-to-finish perspective, comparing the January average rate of 0.1177 to the December average rate of 0.1052, the exchange rate registered a net change of -10.61% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.1195 was up 1.22% compared to the 2020 peak of 0.1180, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 THB based on timing:

Yearly Peak High 29,870 PGK
2020 Average 27,737 PGK
Yearly Trough Low 25,872 PGK
Transaction Impact: A difference of 3,997.74 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.1191
0.1040
JanuMarcMayJulySeptNove

THB 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 0.1147, compared to 0.1063 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0084 points.

H1 Avg (Jan–Jun) 0.1147
H2 Avg (Jul–Dec) 0.1063

Volatility Range Comparison

Volatility

The most volatile month in 2021 was September, with a trading range of 0.0055 PGK (High: 0.1095 / Low: 0.1040). On the other end, April was the most stable month, with a tight range of 0.0021 PGK (High: 0.1141 / Low: 0.1120).

September Spread (Volatile) ±0.0055
April Spread (Stable) ±0.0021

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 0.0046 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0046

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.1177) against the same month in 2020 (average: 0.1119), the exchange rate shifted by +0.0058 (+5.22%).

2021 Avg (January) 0.1177
2020 Avg (January) 0.1119

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1195 0.1167 0.1177
February 0.1190 0.1165 0.1178
March 0.1169 0.1127 0.1148
April 0.1141 0.1120 0.1130
May 0.1144 0.1117 0.1129
June 0.1139 0.1101 0.1122
July 0.1109 0.1061 0.1076
August 0.1093 0.1049 0.1067
September 0.1095 0.1040 0.1066
October 0.1069 0.1035 0.1054
November 0.1083 0.1042 0.1065
December 0.1066 0.1040 0.1052