YEARLY HIGH
0.6670 FJD
YEARLY LOW
0.5893 FJD
YEARLY AVERAGE
0.6205 FJD

2022 PGK to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the PGK to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 23, valuing the pair at 0.6670. Conversely, the yearly low was recorded on March 26, dropping to 0.5893.

This high-to-low spread represents a total annual volatility of 0.0777 FJD. From a start-to-finish perspective, comparing the January average rate of 0.6046 to the December average rate of 0.6262, the exchange rate registered a net change of 3.57% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.6670 was up 9.56% compared to the 2021 peak of 0.6088, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,335 FJD
2021 Average 2,932 FJD
Yearly Trough Low 2,947 FJD
Transaction Impact: A difference of 388.48 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.6607
0.5920
JanuMarcMayJulySeptNove

PGK to FJD 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 0.6066, compared to 0.6345 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0279 points.

H1 Avg (Jan–Jun) 0.6066
H2 Avg (Jul–Dec) 0.6345

Volatility Range Comparison

Volatility

The most volatile month in 2022 was August, with a trading range of 0.0350 FJD (High: 0.6358 / Low: 0.6008). On the other end, February was the most stable month, with a tight range of 0.0106 FJD (High: 0.6108 / Low: 0.6003).

August Spread (Volatile) ±0.0350
February Spread (Stable) ±0.0106

Growth Streaks & Declines

Trends

Between June and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0173 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0173

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2022: 0.6549) against the same month in 2021 (average: 0.5928), the exchange rate shifted by +0.0621 (+10.48%).

2022 Avg (October) 0.6549
2021 Avg (October) 0.5928

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6163 0.5990 0.6046
February 0.6108 0.6003 0.6068
March 0.6065 0.5893 0.5978
April 0.6150 0.5922 0.6012
May 0.6276 0.5999 0.6164
June 0.6227 0.6012 0.6130
July 0.6332 0.6166 0.6230
August 0.6358 0.6008 0.6239
September 0.6610 0.6285 0.6411
October 0.6670 0.6451 0.6549
November 0.6540 0.6261 0.6377
December 0.6342 0.6171 0.6262