YEARLY HIGH
1.9812 PGK
YEARLY LOW
1.6887 PGK
YEARLY AVERAGE
1.8428 PGK

2017 BGN to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the BGN to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 18, valuing the pair at 1.9812. Conversely, the yearly low was recorded on January 3, dropping to 1.6887.

This high-to-low spread represents a total annual volatility of 0.2925 PGK. From a start-to-finish perspective, comparing the January average rate of 1.7264 to the December average rate of 1.9482, the exchange rate registered a net change of 12.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.9812 was up 6.27% compared to the 2016 peak of 1.8643, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9,906 PGK
2016 Average 8,860 PGK
Yearly Trough Low 8,443 PGK
Transaction Impact: A difference of 1,462.66 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.9739
1.6975
JanuMarcMayJulySeptNove

BGN 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 1.7618, compared to 1.9238 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1620 points.

H1 Avg (Jan–Jun) 1.7618
H2 Avg (Jul–Dec) 1.9238

Volatility Range Comparison

Volatility

The most volatile month in 2017 was April, with a trading range of 0.1018 PGK (High: 1.8307 / Low: 1.7289). On the other end, October was the most stable month, with a tight range of 0.0396 PGK (High: 1.9416 / Low: 1.9020).

April Spread (Volatile) ±0.1018
October Spread (Stable) ±0.0396

Growth Streaks & Declines

Trends

Between February and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0291 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0291

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 1.9509) against the same month in 2016 (average: 1.8166), the exchange rate shifted by +0.1343 (+7.39%).

2017 Avg (September) 1.9509
2016 Avg (September) 1.8166

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.7549 1.6887 1.7264
February 1.7547 1.6960 1.7205
March 1.7671 1.7059 1.7332
April 1.8307 1.7289 1.7612
May 1.8435 1.7644 1.7992
June 1.8881 1.8090 1.8303
July 1.9163 1.8373 1.8733
August 1.9718 1.8979 1.9225
September 1.9812 1.9226 1.9509
October 1.9416 1.9020 1.9218
November 1.9625 1.8950 1.9260
December 1.9720 1.9283 1.9482