YEARLY HIGH
0.0350 PGK
YEARLY LOW
0.0298 PGK
YEARLY AVERAGE
0.0326 PGK

2017 CVE to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the CVE to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 18, valuing the pair at 0.0350. Conversely, the yearly low was recorded on January 5, dropping to 0.0298.

This high-to-low spread represents a total annual volatility of 0.0052 PGK. From a start-to-finish perspective, comparing the January average rate of 0.0306 to the December average rate of 0.0344, the exchange rate registered a net change of 12.63% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0350 was up 5.75% compared to the 2016 peak of 0.0331, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 175 PGK
2016 Average 157 PGK
Yearly Trough Low 149 PGK
Transaction Impact: A difference of 25.89 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0349
0.0300
JanuMarcMayJulySeptNove

CVE 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 0.0311, compared to 0.0340 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0029 points.

H1 Avg (Jan–Jun) 0.0311
H2 Avg (Jul–Dec) 0.0340

Volatility Range Comparison

Volatility

The most volatile month in 2017 was April, with a trading range of 0.0019 PGK (High: 0.0324 / Low: 0.0305). On the other end, October was the most stable month, with a tight range of 0.0007 PGK (High: 0.0344 / Low: 0.0336).

April Spread (Volatile) ±0.0019
October Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between February and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0005 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 0.0345) against the same month in 2016 (average: 0.0322), the exchange rate shifted by +0.0023 (+6.99%).

2017 Avg (September) 0.0345
2016 Avg (September) 0.0322

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0310 0.0298 0.0306
February 0.0310 0.0300 0.0304
March 0.0312 0.0301 0.0306
April 0.0324 0.0305 0.0311
May 0.0326 0.0311 0.0318
June 0.0335 0.0320 0.0323
July 0.0339 0.0324 0.0331
August 0.0348 0.0337 0.0340
September 0.0350 0.0340 0.0345
October 0.0344 0.0336 0.0340
November 0.0347 0.0335 0.0340
December 0.0348 0.0339 0.0344