YEARLY HIGH
0.0488 PGK
YEARLY LOW
0.0459 PGK
YEARLY AVERAGE
0.0470 PGK

2017 AFN to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the AFN to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 7, valuing the pair at 0.0488. Conversely, the yearly low was recorded on July 26, dropping to 0.0459.

This high-to-low spread represents a total annual volatility of 0.0029 PGK. From a start-to-finish perspective, comparing the January average rate of 0.0476 to the December average rate of 0.0465, the exchange rate registered a net change of -2.37% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0488 was up 0.57% compared to the 2016 peak of 0.0485, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 244 PGK
2016 Average 231 PGK
Yearly Trough Low 230 PGK
Transaction Impact: A difference of 14.27 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0478
0.0463
JanuMarcMayJulySeptNove

AFN 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 0.0473, compared to 0.0466 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) 0.0473
H2 Avg (Jul–Dec) 0.0466

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.0022 PGK (High: 0.0481 / Low: 0.0459). On the other end, November was the most stable month, with a tight range of 0.0005 PGK (High: 0.0469 / Low: 0.0464).

July Spread (Volatile) ±0.0022
November Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0009 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2017: 0.0477) against the same month in 2016 (average: 0.0456), the exchange rate shifted by +0.0021 (+4.58%).

2017 Avg (April) 0.0477
2016 Avg (April) 0.0456

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0481 0.0473 0.0476
February 0.0478 0.0468 0.0473
March 0.0481 0.0470 0.0475
April 0.0488 0.0469 0.0477
May 0.0483 0.0464 0.0468
June 0.0483 0.0464 0.0468
July 0.0481 0.0459 0.0465
August 0.0474 0.0460 0.0465
September 0.0472 0.0465 0.0467
October 0.0470 0.0465 0.0468
November 0.0469 0.0464 0.0467
December 0.0470 0.0461 0.0465