YEARLY HIGH
2.6550 PGK
YEARLY LOW
2.3029 PGK
YEARLY AVERAGE
2.4600 PGK

2017 CAD to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the CAD to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 13, valuing the pair at 2.6550. Conversely, the yearly low was recorded on May 13, dropping to 2.3029.

This high-to-low spread represents a total annual volatility of 0.3521 PGK. From a start-to-finish perspective, comparing the January average rate of 2.4043 to the December average rate of 2.5218, the exchange rate registered a net change of 4.89% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 2.6550 was up 5.59% compared to the 2016 peak of 2.5143, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13,275 PGK
2016 Average 11,829 PGK
Yearly Trough Low 11,514 PGK
Transaction Impact: A difference of 1,760.50 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2.6309
2.3134
JanuMarcMayJulySeptNove

CAD 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 2.3858, compared to 2.5342 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1484 points.

H1 Avg (Jan–Jun) 2.3858
H2 Avg (Jul–Dec) 2.5342

Volatility Range Comparison

Volatility

The most volatile month in 2017 was June, with a trading range of 0.1491 PGK (High: 2.4893 / Low: 2.3402). On the other end, November was the most stable month, with a tight range of 0.0478 PGK (High: 2.5273 / Low: 2.4795).

June Spread (Volatile) ±0.1491
November Spread (Stable) ±0.0478

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 0.0651 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0651

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 2.6044) against the same month in 2016 (average: 2.4216), the exchange rate shifted by +0.1829 (+7.55%).

2017 Avg (September) 2.6044
2016 Avg (September) 2.4216

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.4395 2.3641 2.4043
February 2.4431 2.3803 2.4130
March 2.4118 2.3384 2.3690
April 2.4620 2.3280 2.3935
May 2.3972 2.3029 2.3399
June 2.4893 2.3402 2.3952
July 2.5535 2.4417 2.5018
August 2.5717 2.4880 2.5237
September 2.6550 2.5651 2.6044
October 2.5751 2.4898 2.5393
November 2.5273 2.4795 2.5140
December 2.5600 2.4912 2.5218