YEARLY HIGH
0.0019 PGK
YEARLY LOW
0.0018 PGK
YEARLY AVERAGE
0.0019 PGK

2017 BIF to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the BIF to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 10, valuing the pair at 0.0019. Conversely, the yearly low was recorded on October 17, dropping to 0.0018.

This high-to-low spread represents a total annual volatility of 0.0001 PGK. From a start-to-finish perspective, comparing the January average rate of 0.0019 to the December average rate of 0.0018, the exchange rate registered a net change of -3.26% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0019 was down 5.08% compared to the 2016 peak of 0.0020, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10 PGK
2016 Average 10 PGK
Yearly Trough Low 9 PGK
Transaction Impact: A difference of 0.65 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0019
0.0018
JanuMarcMayJulySeptNove

BIF 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 0.0019, compared to 0.0018 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0019
H2 Avg (Jul–Dec) 0.0018

Volatility Range Comparison

Volatility

The most volatile month in 2017 was May, with a trading range of 0.0001 PGK (High: 0.0019 / Low: 0.0018). On the other end, November was the most stable month, with a tight range of 0.0000 PGK (High: 0.0018 / Low: 0.0018).

May Spread (Volatile) ±0.0001
November Spread (Stable) ±0.0000

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 0.0000 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2017: 0.0019) against the same month in 2016 (average: 0.0020), the exchange rate shifted by -0.0002 (-7.75%).

2017 Avg (May) 0.0019
2016 Avg (May) 0.0020

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0019 0.0019 0.0019
February 0.0019 0.0018 0.0019
March 0.0019 0.0018 0.0019
April 0.0019 0.0019 0.0019
May 0.0019 0.0018 0.0019
June 0.0019 0.0018 0.0018
July 0.0019 0.0018 0.0018
August 0.0019 0.0018 0.0018
September 0.0019 0.0018 0.0018
October 0.0018 0.0018 0.0018
November 0.0018 0.0018 0.0018
December 0.0018 0.0018 0.0018