2018 PGK to JMD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 PGK to JMD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the PGK to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 2, valuing the pair at 41.3989. Conversely, the yearly low was recorded on November 20, dropping to 37.1888.
This high-to-low spread represents a total annual volatility of 4.2102 JMD. From a start-to-finish perspective, comparing the January average rate of 38.5386 to the December average rate of 37.9765, the exchange rate registered a net change of -1.46% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 41.3989 was up 0.33% compared to the 2017 peak of 41.2608, 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 2018.
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)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 38.9377, compared to 39.4893 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5516 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was June, with a trading range of 2.1218 JMD (High: 40.4184 / Low: 38.2966). On the other end, January was the most stable month, with a tight range of 0.5992 JMD (High: 38.8623 / Low: 38.2631).
Growth Streaks & Declines
TrendsBetween April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 1.7675 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2018: 41.0009) against the same month in 2017 (average: 40.5610), the exchange rate shifted by +0.4399 (+1.08%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 38.8623 | 38.2631 | 38.5386 |
| February | 39.7696 | 38.4812 | 39.0800 |
| March | 40.1199 | 38.8491 | 39.4619 |
| April | 39.1191 | 38.1955 | 38.4443 |
| May | 38.9261 | 38.0902 | 38.4626 |
| June | 40.4184 | 38.2966 | 39.6390 |
| July | 40.6565 | 39.3502 | 39.8360 |
| August | 41.3968 | 40.6058 | 40.9745 |
| September | 41.3989 | 40.5685 | 41.0009 |
| October | 40.2272 | 38.2427 | 39.4578 |
| November | 38.4722 | 37.1888 | 37.6903 |
| December | 38.3697 | 37.4328 | 37.9765 |