YEARLY HIGH
0.0250 PGK
YEARLY LOW
0.0226 PGK
YEARLY AVERAGE
0.0234 PGK

2021 JMD to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the JMD to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 0.0250. Conversely, the yearly low was recorded on November 21, dropping to 0.0226.

This high-to-low spread represents a total annual volatility of 0.0024 PGK. From a start-to-finish perspective, comparing the January average rate of 0.0245 to the December average rate of 0.0229, the exchange rate registered a net change of -6.70% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0250 was down 4.48% compared to the 2020 peak of 0.0261, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 125 PGK
2020 Average 122 PGK
Yearly Trough Low 113 PGK
Transaction Impact: A difference of 11.98 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0247
0.0225
JanuMarcMayJulySeptNove

JMD to PGK 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 0.0238, compared to 0.0231 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0238
H2 Avg (Jul–Dec) 0.0231

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0013 PGK (High: 0.0243 / Low: 0.0229). On the other end, November was the most stable month, with a tight range of 0.0002 PGK (High: 0.0228 / Low: 0.0226).

April Spread (Volatile) ±0.0013
November Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0009 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.0245) against the same month in 2020 (average: 0.0253), the exchange rate shifted by -0.0008 (-3.15%).

2021 Avg (January) 0.0245
2020 Avg (January) 0.0253

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0250 0.0241 0.0245
February 0.0241 0.0233 0.0236
March 0.0243 0.0234 0.0240
April 0.0243 0.0229 0.0237
May 0.0238 0.0229 0.0234
June 0.0238 0.0233 0.0236
July 0.0238 0.0226 0.0230
August 0.0234 0.0226 0.0230
September 0.0239 0.0232 0.0236
October 0.0241 0.0228 0.0235
November 0.0228 0.0226 0.0227
December 0.0231 0.0226 0.0229