YEARLY HIGH
0.4758 PGK
YEARLY LOW
0.4529 PGK
YEARLY AVERAGE
0.4598 PGK

2017 BOB to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the BOB to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 7, valuing the pair at 0.4758. Conversely, the yearly low was recorded on February 8, dropping to 0.4529.

This high-to-low spread represents a total annual volatility of 0.0228 PGK. From a start-to-finish perspective, comparing the January average rate of 0.4591 to the December average rate of 0.4654, the exchange rate registered a net change of 1.37% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.4758 was up 2.94% compared to the 2016 peak of 0.4622, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,379 PGK
2016 Average 2,270 PGK
Yearly Trough Low 2,265 PGK
Transaction Impact: A difference of 114.09 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.4662
0.4560
JanuMarcMayJulySeptNove

BOB 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 0.4592, compared to 0.4604 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.4592
H2 Avg (Jul–Dec) 0.4604

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.0214 PGK (High: 0.4758 / Low: 0.4543). On the other end, December was the most stable month, with a tight range of 0.0041 PGK (High: 0.4680 / Low: 0.4640).

July Spread (Volatile) ±0.0214
December Spread (Stable) ±0.0041

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0056 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0056

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2017: 0.4569) against the same month in 2016 (average: 0.4590), the exchange rate shifted by -0.0021 (-0.45%).

2017 Avg (July) 0.4569
2016 Avg (July) 0.4590

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4650 0.4539 0.4591
February 0.4605 0.4529 0.4569
March 0.4637 0.4550 0.4579
April 0.4746 0.4580 0.4637
May 0.4729 0.4551 0.4581
June 0.4733 0.4567 0.4593
July 0.4758 0.4543 0.4569
August 0.4629 0.4551 0.4569
September 0.4650 0.4565 0.4586
October 0.4646 0.4587 0.4625
November 0.4647 0.4598 0.4620
December 0.4680 0.4640 0.4654