2024 PGK to JOD Historical Review

YEARLY HIGH

0.1918 JOD

YEARLY LOW

0.1746 JOD

YEARLY AVERAGE

0.1822 JOD

2024 PGK to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PGK to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 25, valuing the pair at 0.1918. Conversely, the yearly low was recorded on December 31, dropping to 0.1746.

This high-to-low spread represents a total annual volatility of 0.0172 JOD. From a start-to-finish perspective, comparing the January average rate of 0.1900 to the December average rate of 0.1754, the exchange rate registered a net change of -7.67% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1918 was down 6.11% compared to the 2023 peak of 0.2043, 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 959 JOD

2023 Average 985 JOD

Yearly Trough Low 873 JOD

Transaction Impact: A difference of 86.21 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1915

0.1740

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 0.1859, compared to 0.1786 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0073 points.

H1 Avg (Jan–Jun) 0.1859

H2 Avg (Jul–Dec) 0.1786

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0066 JOD (High: 0.1856 / Low: 0.1790). On the other end, May was the most stable month, with a tight range of 0.0019 JOD (High: 0.1838 / Low: 0.1820).

August Spread (Volatile) ±0.0066

May Spread (Stable) ±0.0019

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0027 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.0027

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.1900) against the same month in 2023 (average: 0.2014), the exchange rate shifted by -0.0114 (-5.64%).

2024 Avg (January) 0.1900

2023 Avg (January) 0.2014

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1918	0.1872	0.1900
February	0.1905	0.1860	0.1880
March	0.1901	0.1851	0.1866
April	0.1877	0.1831	0.1855
May	0.1838	0.1820	0.1828
June	0.1846	0.1810	0.1824
July	0.1846	0.1804	0.1818
August	0.1856	0.1790	0.1805
September	0.1813	0.1775	0.1790
October	0.1805	0.1768	0.1786
November	0.1780	0.1750	0.1764
December	0.1778	0.1746	0.1754