YEARLY HIGH
0.2029 JOD
YEARLY LOW
0.1984 JOD
YEARLY AVERAGE
0.2009 JOD

2021 PGK to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the PGK to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 15, valuing the pair at 0.2029. Conversely, the yearly low was recorded on January 3, dropping to 0.1984.

This high-to-low spread represents a total annual volatility of 0.0045 JOD. From a start-to-finish perspective, comparing the January average rate of 0.2007 to the December average rate of 0.2009, the exchange rate registered a net change of 0.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.2029 was down 4.67% compared to the 2020 peak of 0.2128, 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 1,014 JOD
2020 Average 1,022 JOD
Yearly Trough Low 992 JOD
Transaction Impact: A difference of 22.36 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.2020
0.2002
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 0.2007, compared to 0.2011 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.2007
H2 Avg (Jul–Dec) 0.2011

Volatility Range Comparison

Volatility

The most volatile month in 2021 was July, with a trading range of 0.0037 JOD (High: 0.2029 / Low: 0.1992). On the other end, March was the most stable month, with a tight range of 0.0022 JOD (High: 0.2015 / Low: 0.1994).

July Spread (Volatile) ±0.0037
March Spread (Stable) ±0.0022

Growth Streaks & Declines

Trends

Between April and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0011 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2021: 0.2018) against the same month in 2020 (average: 0.2043), the exchange rate shifted by -0.0025 (-1.22%).

2021 Avg (July) 0.2018
2020 Avg (July) 0.2043

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2016 0.1984 0.2007
February 0.2016 0.1990 0.2004
March 0.2015 0.1994 0.2008
April 0.2015 0.1993 0.2004
May 0.2019 0.1990 0.2009
June 0.2026 0.1992 0.2011
July 0.2029 0.1992 0.2018
August 0.2021 0.1994 0.2007
September 0.2020 0.1994 0.2012
October 0.2021 0.1994 0.2010
November 0.2020 0.1994 0.2012
December 0.2020 0.1993 0.2009