YEARLY HIGH
0.0259 PGK
YEARLY LOW
0.0242 PGK
YEARLY AVERAGE
0.0249 PGK

2017 JMD to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the JMD to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 26, valuing the pair at 0.0259. Conversely, the yearly low was recorded on June 3, dropping to 0.0242.

This high-to-low spread represents a total annual volatility of 0.0016 PGK. From a start-to-finish perspective, comparing the January average rate of 0.0247 to the December average rate of 0.0257, the exchange rate registered a net change of 4.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0259 was up 0.16% compared to the 2016 peak of 0.0258, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 129 PGK
2016 Average 125 PGK
Yearly Trough Low 121 PGK
Transaction Impact: A difference of 8.22 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0258
0.0244
JanuMarcMayJulySeptNove

JMD 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 0.0246, compared to 0.0251 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0246
H2 Avg (Jul–Dec) 0.0251

Volatility Range Comparison

Volatility

The most volatile month in 2017 was June, with a trading range of 0.0011 PGK (High: 0.0253 / Low: 0.0242). On the other end, November was the most stable month, with a tight range of 0.0003 PGK (High: 0.0256 / Low: 0.0253).

June Spread (Volatile) ±0.0011
November Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

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

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 0.0257) against the same month in 2016 (average: 0.0246), the exchange rate shifted by +0.0011 (+4.42%).

2017 Avg (December) 0.0257
2016 Avg (December) 0.0246

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0249 0.0244 0.0247
February 0.0248 0.0244 0.0246
March 0.0249 0.0245 0.0246
April 0.0255 0.0246 0.0249
May 0.0254 0.0244 0.0246
June 0.0253 0.0242 0.0246
July 0.0255 0.0245 0.0248
August 0.0254 0.0247 0.0249
September 0.0250 0.0244 0.0247
October 0.0253 0.0245 0.0250
November 0.0256 0.0253 0.0254
December 0.0259 0.0255 0.0257