2024 JMD to PGK Historical Review

YEARLY HIGH

0.0261 PGK

YEARLY LOW

0.0237 PGK

YEARLY AVERAGE

0.0249 PGK

2024 JMD to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JMD to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.0261. Conversely, the yearly low was recorded on January 25, dropping to 0.0237.

This high-to-low spread represents a total annual volatility of 0.0024 PGK. From a start-to-finish perspective, comparing the January average rate of 0.0241 to the December average rate of 0.0258, the exchange rate registered a net change of 7.35% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0261 was up 6.83% compared to the 2023 peak of 0.0244, 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 130 PGK

2023 Average 117 PGK

Yearly Trough Low 119 PGK

Transaction Impact: A difference of 11.77 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0260

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 0.0245, compared to 0.0252 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0245

H2 Avg (Jul–Dec) 0.0252

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0010 PGK (High: 0.0249 / Low: 0.0239). On the other end, May was the most stable month, with a tight range of 0.0004 PGK (High: 0.0250 / Low: 0.0246).

March Spread (Volatile) ±0.0010

May Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0001 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0258) against the same month in 2023 (average: 0.0241), the exchange rate shifted by +0.0018 (+7.31%).

2024 Avg (December) 0.0258

2023 Avg (December) 0.0241

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0245	0.0237	0.0241
February	0.0244	0.0238	0.0241
March	0.0249	0.0239	0.0246
April	0.0250	0.0244	0.0246
May	0.0250	0.0246	0.0248
June	0.0251	0.0246	0.0250
July	0.0251	0.0246	0.0249
August	0.0252	0.0244	0.0251
September	0.0254	0.0248	0.0252
October	0.0254	0.0248	0.0251
November	0.0256	0.0252	0.0254
December	0.0261	0.0255	0.0258