YEARLY HIGH
0.2021 PGK
YEARLY LOW
0.1673 PGK
YEARLY AVERAGE
0.1791 PGK

2017 EGP to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the EGP to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 26, valuing the pair at 0.2021. Conversely, the yearly low was recorded on January 24, dropping to 0.1673.

This high-to-low spread represents a total annual volatility of 0.0348 PGK. From a start-to-finish perspective, comparing the January average rate of 0.1706 to the December average rate of 0.1806, the exchange rate registered a net change of 5.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.2021 was down 48.46% compared to the 2016 peak of 0.3920, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,010 PGK
2016 Average 1,673 PGK
Yearly Trough Low 836 PGK
Transaction Impact: A difference of 173.91 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.1887
0.1689
JanuMarcMayJulySeptNove

EGP 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 0.1779, compared to 0.1802 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0023 points.

H1 Avg (Jan–Jun) 0.1779
H2 Avg (Jul–Dec) 0.1802

Volatility Range Comparison

Volatility

The most volatile month in 2017 was February, with a trading range of 0.0333 PGK (High: 0.2021 / Low: 0.1688). On the other end, October was the most stable month, with a tight range of 0.0023 PGK (High: 0.1821 / Low: 0.1798).

February Spread (Volatile) ±0.0333
October Spread (Stable) ±0.0023

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 February and March, when the average rate fell by 0.0070 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0070

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2017: 0.1870) against the same month in 2016 (average: 0.3882), the exchange rate shifted by -0.2011 (-51.82%).

2017 Avg (February) 0.1870
2016 Avg (February) 0.3882

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1775 0.1673 0.1706
February 0.2021 0.1688 0.1870
March 0.1966 0.1733 0.1801
April 0.1828 0.1745 0.1780
May 0.1815 0.1745 0.1759
June 0.1828 0.1738 0.1760
July 0.1839 0.1748 0.1773
August 0.1827 0.1775 0.1792
September 0.1834 0.1805 0.1815
October 0.1821 0.1798 0.1813
November 0.1827 0.1803 0.1816
December 0.1826 0.1786 0.1806