YEARLY HIGH
0.2264 JOD
YEARLY LOW
0.2158 JOD
YEARLY AVERAGE
0.2224 JOD

2017 PGK to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the PGK to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 8, valuing the pair at 0.2264. Conversely, the yearly low was recorded on April 7, dropping to 0.2158.

This high-to-low spread represents a total annual volatility of 0.0107 JOD. From a start-to-finish perspective, comparing the January average rate of 0.2231 to the December average rate of 0.2205, the exchange rate registered a net change of -1.16% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.2264 was down 4.26% compared to the 2016 peak of 0.2365, 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 1,132 JOD
2016 Average 1,132 JOD
Yearly Trough Low 1,079 JOD
Transaction Impact: A difference of 53.33 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.2245
0.2201
JanuMarcMayJulySeptNove

PGK to JOD 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 0.2229, compared to 0.2218 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.2229
H2 Avg (Jul–Dec) 0.2218

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.0100 JOD (High: 0.2261 / Low: 0.2162). On the other end, November was the most stable month, with a tight range of 0.0022 JOD (High: 0.2221 / Low: 0.2199).

July Spread (Volatile) ±0.0100
November Spread (Stable) ±0.0022

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2017. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0031 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0031

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2017: 0.2241) against the same month in 2016 (average: 0.2331), the exchange rate shifted by -0.0090 (-3.85%).

2017 Avg (February) 0.2241
2016 Avg (February) 0.2331

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2254 0.2207 0.2231
February 0.2264 0.2219 0.2241
March 0.2262 0.2205 0.2236
April 0.2245 0.2158 0.2206
May 0.2247 0.2159 0.2231
June 0.2252 0.2158 0.2228
July 0.2261 0.2162 0.2235
August 0.2248 0.2185 0.2229
September 0.2226 0.2186 0.2214
October 0.2235 0.2204 0.2217
November 0.2221 0.2199 0.2211
December 0.2220 0.2192 0.2205