YEARLY HIGH
41.2608 JMD
YEARLY LOW
38.6383 JMD
YEARLY AVERAGE
40.2325 JMD

2017 PGK to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the PGK to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 2, valuing the pair at 41.2608. Conversely, the yearly low was recorded on December 26, dropping to 38.6383.

This high-to-low spread represents a total annual volatility of 2.6225 JMD. From a start-to-finish perspective, comparing the January average rate of 40.5542 to the December average rate of 38.8936, the exchange rate registered a net change of -4.09% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 41.2608 was up 1.03% compared to the 2016 peak of 40.8419, 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 206,304 JMD
2016 Average 199,750 JMD
Yearly Trough Low 193,191 JMD
Transaction Impact: A difference of 13,112.29 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

40.9114
38.7102
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 40.5717, compared to 39.8934 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6783 points.

H1 Avg (Jan–Jun) 40.5717
H2 Avg (Jul–Dec) 39.8934

Volatility Range Comparison

Volatility

The most volatile month in 2017 was June, with a trading range of 1.8096 JMD (High: 41.2608 / Low: 39.4511). On the other end, November was the most stable month, with a tight range of 0.5104 JMD (High: 39.5747 / Low: 39.0643).

June Spread (Volatile) ±1.8096
November Spread (Stable) ±0.5104

Growth Streaks & Declines

Trends

Between April and June, 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 October and November, when the average rate fell by 0.6771 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.6771

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2017: 40.7280) against the same month in 2016 (average: 39.6773), the exchange rate shifted by +1.0507 (+2.65%).

2017 Avg (June) 40.7280
2016 Avg (June) 39.6773

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 40.9303 40.1449 40.5542
February 40.9759 40.3412 40.7206
March 40.8074 40.1073 40.5937
April 40.6463 39.1879 40.1460
May 41.0390 39.3736 40.6876
June 41.2608 39.4511 40.7280
July 40.8283 39.2844 40.3446
August 40.5527 39.3653 40.1555
September 41.0022 40.0355 40.5610
October 40.7970 39.5635 40.0414
November 39.5747 39.0643 39.3643
December 39.2177 38.6383 38.8936