YEARLY HIGH
0.0271 PGK
YEARLY LOW
0.0200 PGK
YEARLY AVERAGE
0.0254 PGK

2019 JMD to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the JMD to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 20, valuing the pair at 0.0271. Conversely, the yearly low was recorded on November 17, dropping to 0.0200.

This high-to-low spread represents a total annual volatility of 0.0071 PGK. From a start-to-finish perspective, comparing the January average rate of 0.0259 to the December average rate of 0.0249, the exchange rate registered a net change of -3.74% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0271 was up 0.87% compared to the 2018 peak of 0.0269, 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 136 PGK
2018 Average 128 PGK
Yearly Trough Low 100 PGK
Transaction Impact: A difference of 35.59 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0270
0.0239
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 0.0258, compared to 0.0249 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0258
H2 Avg (Jul–Dec) 0.0249

Volatility Range Comparison

Volatility

The most volatile month in 2019 was November, with a trading range of 0.0046 PGK (High: 0.0246 / Low: 0.0200). On the other end, August was the most stable month, with a tight range of 0.0004 PGK (High: 0.0253 / Low: 0.0249).

November Spread (Volatile) ±0.0046
August Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2019. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0010 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2019: 0.0267) against the same month in 2018 (average: 0.0253), the exchange rate shifted by +0.0014 (+5.52%).

2019 Avg (March) 0.0267
2018 Avg (March) 0.0253

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0265 0.0253 0.0259
February 0.0261 0.0246 0.0252
March 0.0271 0.0260 0.0267
April 0.0269 0.0251 0.0260
May 0.0253 0.0247 0.0250
June 0.0262 0.0249 0.0258
July 0.0259 0.0248 0.0254
August 0.0253 0.0249 0.0252
September 0.0253 0.0247 0.0250
October 0.0254 0.0245 0.0250
November 0.0246 0.0200 0.0242
December 0.0260 0.0241 0.0249