YEARLY HIGH
41.3989 JMD
YEARLY LOW
37.1888 JMD
YEARLY AVERAGE
39.2135 JMD

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.

Transfer Payout Power Comparison

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

Yearly Peak High 206,995 JMD
2017 Average 201,144 JMD
Yearly Trough Low 185,944 JMD
Transaction Impact: A difference of 21,050.84 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

41.3320
37.3592
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 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.

H1 Avg (Jan–Jun) 38.9377
H2 Avg (Jul–Dec) 39.4893

Volatility Range Comparison

Volatility

The 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).

June Spread (Volatile) ±2.1218
January Spread (Stable) ±0.5992

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 5 Mo.
Sharpest MoM Drop -1.7675

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2018 Avg (September) 41.0009
2017 Avg (September) 40.5610

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