YEARLY HIGH
4.6344 PGK
YEARLY LOW
4.4161 PGK
YEARLY AVERAGE
4.4977 PGK

2017 JOD to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the JOD to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 7, valuing the pair at 4.6344. Conversely, the yearly low was recorded on February 8, dropping to 4.4161.

This high-to-low spread represents a total annual volatility of 0.2183 PGK. From a start-to-finish perspective, comparing the January average rate of 4.4832 to the December average rate of 4.5358, the exchange rate registered a net change of 1.17% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 4.6344 was up 2.02% compared to the 2016 peak of 4.5427, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 23,172 PGK
2016 Average 22,098 PGK
Yearly Trough Low 22,080 PGK
Transaction Impact: A difference of 1,091.45 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

4.5432
4.4548
JanuMarcMayJulySeptNove

JOD 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 4.4870, compared to 4.5084 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0214 points.

H1 Avg (Jan–Jun) 4.4870
H2 Avg (Jul–Dec) 4.5084

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.2041 PGK (High: 4.6263 / Low: 4.4222). On the other end, November was the most stable month, with a tight range of 0.0454 PGK (High: 4.5473 / Low: 4.5019).

July Spread (Volatile) ±0.2041
November Spread (Stable) ±0.0454

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0520 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0520

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2017: 4.5339) against the same month in 2016 (average: 4.4059), the exchange rate shifted by +0.1280 (+2.91%).

2017 Avg (April) 4.5339
2016 Avg (April) 4.4059

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 4.5313 4.4356 4.4832
February 4.5074 4.4161 4.4622
March 4.5343 4.4216 4.4715
April 4.6344 4.4545 4.5339
May 4.6315 4.4513 4.4818
June 4.6336 4.4411 4.4893
July 4.6263 4.4222 4.4755
August 4.5776 4.4484 4.4874
September 4.5742 4.4917 4.5171
October 4.5365 4.4739 4.5109
November 4.5473 4.5019 4.5235
December 4.5616 4.5043 4.5358