2022 PGK to JMD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 PGK to JMD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the PGK to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 16, valuing the pair at 44.7476. Conversely, the yearly low was recorded on July 6, dropping to 42.1332.
This high-to-low spread represents a total annual volatility of 2.6144 JMD. From a start-to-finish perspective, comparing the January average rate of 43.9818 to the December average rate of 43.4620, the exchange rate registered a net change of -1.18% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2022 high of 44.7476 was up 0.99% compared to the 2021 peak of 44.3099, 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 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 43.7921, compared to 43.2221 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5699 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was July, with a trading range of 1.4910 JMD (High: 43.6242 / Low: 42.1332). On the other end, November was the most stable month, with a tight range of 0.5600 JMD (High: 43.8012 / Low: 43.2412).
Growth Streaks & Declines
TrendsBetween September and November, 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 May and June, when the average rate fell by 0.8570 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2022: 44.4220) against the same month in 2021 (average: 42.3404), the exchange rate shifted by +2.0816 (+4.92%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 44.5093 | 43.4125 | 43.9818 |
| February | 44.7476 | 43.8098 | 44.4220 |
| March | 44.1505 | 43.2982 | 43.6043 |
| April | 44.1796 | 43.4999 | 43.8965 |
| May | 44.1556 | 43.2168 | 43.8524 |
| June | 43.6846 | 42.2022 | 42.9954 |
| July | 43.6242 | 42.1332 | 42.7522 |
| August | 43.4699 | 42.7475 | 43.0752 |
| September | 43.3784 | 42.5704 | 43.0239 |
| October | 43.5673 | 42.9805 | 43.3646 |
| November | 43.8012 | 43.2412 | 43.6551 |
| December | 43.7941 | 42.8437 | 43.4620 |