YEARLY HIGH
2.4088 PGK
YEARLY LOW
2.1858 PGK
YEARLY AVERAGE
2.3112 PGK

2017 BND to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the BND to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 2.4088. Conversely, the yearly low was recorded on January 3, dropping to 2.1858.

This high-to-low spread represents a total annual volatility of 0.2231 PGK. From a start-to-finish perspective, comparing the January average rate of 2.2224 to the December average rate of 2.3898, the exchange rate registered a net change of 7.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 2.4088 was up 1.81% compared to the 2016 peak of 2.3659, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,044 PGK
2016 Average 11,348 PGK
Yearly Trough Low 10,929 PGK
Transaction Impact: A difference of 1,115.43 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2.4066
2.2056
JanuMarcMayJulySeptNove

BND 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 2.2666, compared to 2.3558 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0892 points.

H1 Avg (Jan–Jun) 2.2666
H2 Avg (Jul–Dec) 2.3558

Volatility Range Comparison

Volatility

The most volatile month in 2017 was June, with a trading range of 0.1107 PGK (High: 2.3841 / Low: 2.2734). On the other end, October was the most stable month, with a tight range of 0.0368 PGK (High: 2.3714 / Low: 2.3346).

June Spread (Volatile) ±0.1107
October Spread (Stable) ±0.0368

Growth Streaks & Declines

Trends

Between May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0220 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0220

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 2.3898) against the same month in 2016 (average: 2.2099), the exchange rate shifted by +0.1800 (+8.14%).

2017 Avg (December) 2.3898
2016 Avg (December) 2.2099

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.2477 2.1858 2.2224
February 2.2726 2.2011 2.2364
March 2.3043 2.2214 2.2563
April 2.3522 2.2679 2.2990
May 2.3309 2.2486 2.2815
June 2.3841 2.2734 2.3042
July 2.3778 2.2905 2.3170
August 2.3849 2.3071 2.3379
September 2.4029 2.3486 2.3729
October 2.3714 2.3346 2.3510
November 2.3958 2.3453 2.3664
December 2.4088 2.3650 2.3898