2021 TOP to PGK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 TOP to PGK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the TOP to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on June 1, valuing the pair at 1.5959. Conversely, the yearly low was recorded on February 7, dropping to 1.5260.
This high-to-low spread represents a total annual volatility of 0.0699 PGK. From a start-to-finish perspective, comparing the January average rate of 1.5488 to the December average rate of 1.5449, the exchange rate registered a net change of -0.25% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2021 high of 1.5959 was up 2.33% compared to the 2020 peak of 1.5596, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 TOP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
TOP to PGK Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 1.5564, compared to 1.5586 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0022 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was September, with a trading range of 0.0414 PGK (High: 1.5882 / Low: 1.5468). On the other end, December was the most stable month, with a tight range of 0.0266 PGK (High: 1.5578 / Low: 1.5311).
Growth Streaks & Declines
TrendsBetween February and June, 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 0.0211 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2021: 1.5772) against the same month in 2020 (average: 1.5232), the exchange rate shifted by +0.0540 (+3.55%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1.5701 | 1.5341 | 1.5488 |
| February | 1.5647 | 1.5260 | 1.5413 |
| March | 1.5622 | 1.5336 | 1.5489 |
| April | 1.5703 | 1.5417 | 1.5547 |
| May | 1.5850 | 1.5524 | 1.5674 |
| June | 1.5959 | 1.5603 | 1.5772 |
| July | 1.5804 | 1.5463 | 1.5561 |
| August | 1.5766 | 1.5441 | 1.5602 |
| September | 1.5882 | 1.5468 | 1.5642 |
| October | 1.5806 | 1.5501 | 1.5653 |
| November | 1.5751 | 1.5423 | 1.5609 |
| December | 1.5578 | 1.5311 | 1.5449 |