YEARLY HIGH
46.1836 JMD
YEARLY LOW
38.4970 JMD
YEARLY AVERAGE
43.2294 JMD

2014 PGK to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the PGK to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 12, valuing the pair at 46.1836. Conversely, the yearly low was recorded on May 27, dropping to 38.4970.

This high-to-low spread represents a total annual volatility of 7.6865 JMD. From a start-to-finish perspective, comparing the January average rate of 42.5631 to the December average rate of 44.1569, the exchange rate registered a net change of 3.74% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 46.1836 was down 3.18% compared to the 2013 peak of 47.6987, 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 230,918 JMD
2013 Average 218,142 JMD
Yearly Trough Low 192,485 JMD
Transaction Impact: A difference of 38,432.68 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

46.6695
38.5741
JanuMarcMayJulySeptNove

PGK to JMD 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 41.4098, compared to 45.0489 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.6391 points.

H1 Avg (Jan–Jun) 41.4098
H2 Avg (Jul–Dec) 45.0489

Volatility Range Comparison

Volatility

The most volatile month in 2014 was June, with a trading range of 7.4125 JMD (High: 46.0707 / Low: 38.6582). On the other end, September was the most stable month, with a tight range of 0.3989 JMD (High: 45.5192 / Low: 45.1203).

June Spread (Volatile) ±7.4125
September Spread (Stable) ±0.3989

Growth Streaks & Declines

Trends

Between May and July, 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 March and April, when the average rate fell by 1.7266 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.7266

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2014: 45.9948) against the same month in 2013 (average: 44.7205), the exchange rate shifted by +1.2744 (+2.85%).

2014 Avg (July) 45.9948
2013 Avg (July) 44.7205

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 42.6699 42.1529 42.5631
February 42.6425 41.3548 42.1343
March 43.4536 40.3840 41.5700
April 41.1862 39.2163 39.8434
May 39.5716 38.4970 39.2487
June 46.0707 38.6582 43.0993
July 46.1836 45.5641 45.9948
August 45.9763 45.4460 45.6764
September 45.5192 45.1203 45.3800
October 45.3275 44.3988 44.8178
November 44.6498 43.9003 44.2675
December 44.7521 43.9076 44.1569