2022 PGK to GMD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 PGK to GMD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the PGK to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 12, valuing the pair at 17.7270. Conversely, the yearly low was recorded on January 5, dropping to 14.8884.
This high-to-low spread represents a total annual volatility of 2.8386 GMD. From a start-to-finish perspective, comparing the January average rate of 14.9871 to the December average rate of 17.6009, the exchange rate registered a net change of 17.44% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 17.7270 was up 17.69% compared to the 2021 peak of 15.0627, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 PGK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
PGK to GMD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 15.1889, compared to 16.2169 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.0280 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was November, with a trading range of 1.0788 GMD (High: 17.6161 / Low: 16.5373). On the other end, January was the most stable month, with a tight range of 0.1986 GMD (High: 15.0871 / Low: 14.8884).
Growth Streaks & Declines
TrendsBetween June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0641 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2022: 17.6009) against the same month in 2021 (average: 14.8813), the exchange rate shifted by +2.7196 (+18.28%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 15.0871 | 14.8884 | 14.9871 |
| February | 15.1636 | 14.9329 | 15.0940 |
| March | 15.5267 | 15.0213 | 15.2016 |
| April | 15.4131 | 15.1988 | 15.3187 |
| May | 15.4202 | 15.1446 | 15.2981 |
| June | 15.3674 | 15.0368 | 15.2340 |
| July | 15.3545 | 15.1208 | 15.2359 |
| August | 15.6659 | 15.3029 | 15.4232 |
| September | 15.7386 | 15.3013 | 15.5677 |
| October | 16.6180 | 15.6895 | 16.0964 |
| November | 17.6161 | 16.5373 | 17.3772 |
| December | 17.7270 | 17.3140 | 17.6009 |