YEARLY HIGH
0.0237 PGK
YEARLY LOW
0.0223 PGK
YEARLY AVERAGE
0.0230 PGK

2022 JMD to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the JMD to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 6, valuing the pair at 0.0237. Conversely, the yearly low was recorded on February 16, dropping to 0.0223.

This high-to-low spread represents a total annual volatility of 0.0014 PGK. From a start-to-finish perspective, comparing the January average rate of 0.0227 to the December average rate of 0.0230, the exchange rate registered a net change of 1.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0237 was down 4.93% compared to the 2021 peak of 0.0250, 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 119 PGK
2021 Average 117 PGK
Yearly Trough Low 112 PGK
Transaction Impact: A difference of 6.93 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0235
0.0224
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 0.0228, compared to 0.0231 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0228
H2 Avg (Jul–Dec) 0.0231

Volatility Range Comparison

Volatility

The most volatile month in 2022 was July, with a trading range of 0.0008 PGK (High: 0.0237 / Low: 0.0229). On the other end, November was the most stable month, with a tight range of 0.0003 PGK (High: 0.0231 / Low: 0.0228).

July Spread (Volatile) ±0.0008
November Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between April and July, 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 January and February, when the average rate fell by 0.0002 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2022: 0.0234) against the same month in 2021 (average: 0.0230), the exchange rate shifted by +0.0004 (+1.73%).

2022 Avg (July) 0.0234
2021 Avg (July) 0.0230

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0230 0.0225 0.0227
February 0.0228 0.0223 0.0225
March 0.0231 0.0226 0.0229
April 0.0230 0.0226 0.0228
May 0.0231 0.0226 0.0228
June 0.0237 0.0229 0.0233
July 0.0237 0.0229 0.0234
August 0.0234 0.0230 0.0232
September 0.0235 0.0231 0.0232
October 0.0233 0.0230 0.0231
November 0.0231 0.0228 0.0229
December 0.0233 0.0228 0.0230