YEARLY HIGH
5.0406 PGK
YEARLY LOW
4.9295 PGK
YEARLY AVERAGE
4.9771 PGK

2021 JOD to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the JOD to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 5.0406. Conversely, the yearly low was recorded on July 23, dropping to 4.9295.

This high-to-low spread represents a total annual volatility of 0.1111 PGK. From a start-to-finish perspective, comparing the January average rate of 4.9831 to the December average rate of 4.9786, the exchange rate registered a net change of -0.09% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 5.0406 was up 0.56% compared to the 2020 peak of 5.0126, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 25,203 PGK
2020 Average 24,460 PGK
Yearly Trough Low 24,647 PGK
Transaction Impact: A difference of 555.61 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

4.9947
4.9517
JanuMarcMayJulySeptNove

JOD 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 4.9826, compared to 4.9716 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0110 points.

H1 Avg (Jan–Jun) 4.9826
H2 Avg (Jul–Dec) 4.9716

Volatility Range Comparison

Volatility

The most volatile month in 2021 was July, with a trading range of 0.0916 PGK (High: 5.0210 / Low: 4.9295). On the other end, March was the most stable month, with a tight range of 0.0541 PGK (High: 5.0161 / Low: 4.9620).

July Spread (Volatile) ±0.0916
March Spread (Stable) ±0.0541

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 June and July, when the average rate fell by 0.0164 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0164

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 4.9831) against the same month in 2020 (average: 4.7997), the exchange rate shifted by +0.1834 (+3.82%).

2021 Avg (January) 4.9831
2020 Avg (January) 4.7997

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 5.0406 4.9598 4.9831
February 5.0241 4.9615 4.9905
March 5.0161 4.9620 4.9813
April 5.0186 4.9634 4.9911
May 5.0263 4.9528 4.9778
June 5.0210 4.9365 4.9717
July 5.0210 4.9295 4.9553
August 5.0162 4.9482 4.9816
September 5.0162 4.9496 4.9693
October 5.0162 4.9487 4.9741
November 5.0146 4.9509 4.9708
December 5.0171 4.9506 4.9786