YEARLY HIGH
0.0052 PGK
YEARLY LOW
0.0047 PGK
YEARLY AVERAGE
0.0049 PGK

2017 CLP to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the CLP to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.0052. Conversely, the yearly low was recorded on May 9, dropping to 0.0047.

This high-to-low spread represents a total annual volatility of 0.0005 PGK. From a start-to-finish perspective, comparing the January average rate of 0.0048 to the December average rate of 0.0051, the exchange rate registered a net change of 5.29% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0052 was up 6.67% compared to the 2016 peak of 0.0049, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 CLP based on timing:

Yearly Peak High 5,233 PGK
2016 Average 4,634 PGK
Yearly Trough Low 4,689 PGK
Transaction Impact: A difference of 544.23 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0052
0.0047
JanuMarcMayJulySeptNove

CLP 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 0.0048, compared to 0.0050 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0048
H2 Avg (Jul–Dec) 0.0050

Volatility Range Comparison

Volatility

The most volatile month in 2017 was December, with a trading range of 0.0003 PGK (High: 0.0052 / Low: 0.0049). On the other end, February was the most stable month, with a tight range of 0.0001 PGK (High: 0.0050 / Low: 0.0048).

December Spread (Volatile) ±0.0003
February Spread (Stable) ±0.0001

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 April and May, when the average rate fell by 0.0002 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 0.0051) against the same month in 2016 (average: 0.0048), the exchange rate shifted by +0.0003 (+6.51%).

2017 Avg (December) 0.0051
2016 Avg (December) 0.0048

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0049 0.0047 0.0048
February 0.0050 0.0048 0.0049
March 0.0049 0.0047 0.0048
April 0.0051 0.0048 0.0049
May 0.0049 0.0047 0.0047
June 0.0050 0.0047 0.0048
July 0.0049 0.0048 0.0048
August 0.0051 0.0049 0.0049
September 0.0052 0.0050 0.0051
October 0.0052 0.0050 0.0051
November 0.0051 0.0049 0.0051
December 0.0052 0.0049 0.0051