YEARLY HIGH
0.0261 PGK
YEARLY LOW
0.0232 PGK
YEARLY AVERAGE
0.0245 PGK

2020 JMD to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the JMD to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.0261. Conversely, the yearly low was recorded on August 26, dropping to 0.0232.

This high-to-low spread represents a total annual volatility of 0.0029 PGK. From a start-to-finish perspective, comparing the January average rate of 0.0253 to the December average rate of 0.0245, the exchange rate registered a net change of -3.30% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0261 was down 3.64% compared to the 2019 peak of 0.0271, 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 131 PGK
2019 Average 127 PGK
Yearly Trough Low 116 PGK
Transaction Impact: A difference of 14.56 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0255
0.0234
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 0.0248, compared to 0.0241 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0248
H2 Avg (Jul–Dec) 0.0241

Volatility Range Comparison

Volatility

The most volatile month in 2020 was January, with a trading range of 0.0019 PGK (High: 0.0261 / Low: 0.0242). On the other end, August was the most stable month, with a tight range of 0.0006 PGK (High: 0.0238 / Low: 0.0232).

January Spread (Volatile) ±0.0019
August Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. 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 (January 2020: 0.0253) against the same month in 2019 (average: 0.0259), the exchange rate shifted by -0.0006 (-2.21%).

2020 Avg (January) 0.0253
2019 Avg (January) 0.0259

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0261 0.0242 0.0253
February 0.0248 0.0238 0.0243
March 0.0259 0.0248 0.0254
April 0.0257 0.0244 0.0251
May 0.0245 0.0235 0.0240
June 0.0249 0.0242 0.0246
July 0.0250 0.0236 0.0243
August 0.0238 0.0232 0.0235
September 0.0250 0.0236 0.0243
October 0.0249 0.0240 0.0243
November 0.0243 0.0237 0.0239
December 0.0248 0.0240 0.0245