YEARLY HIGH
0.1430 PGK
YEARLY LOW
0.1168 PGK
YEARLY AVERAGE
0.1338 PGK

2017 ETB to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ETB to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 28, valuing the pair at 0.1430. Conversely, the yearly low was recorded on November 30, dropping to 0.1168.

This high-to-low spread represents a total annual volatility of 0.0262 PGK. From a start-to-finish perspective, comparing the January average rate of 0.1408 to the December average rate of 0.1176, the exchange rate registered a net change of -16.47% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.1430 was down 2.88% compared to the 2016 peak of 0.1472, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 715 PGK
2016 Average 717 PGK
Yearly Trough Low 584 PGK
Transaction Impact: A difference of 130.88 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.1431
0.1151
JanuMarcMayJulySeptNove

ETB 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 0.1395, compared to 0.1281 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0114 points.

H1 Avg (Jan–Jun) 0.1395
H2 Avg (Jul–Dec) 0.1281

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 0.0188 PGK (High: 0.1360 / Low: 0.1172). On the other end, November was the most stable month, with a tight range of 0.0013 PGK (High: 0.1181 / Low: 0.1168).

October Spread (Volatile) ±0.0188
November Spread (Stable) ±0.0013

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0120 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0120

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2017: 0.1407) against the same month in 2016 (average: 0.1448), the exchange rate shifted by -0.0041 (-2.83%).

2017 Avg (April) 0.1407
2016 Avg (April) 0.1448

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1423 0.1396 0.1408
February 0.1417 0.1385 0.1395
March 0.1414 0.1379 0.1395
April 0.1430 0.1384 0.1407
May 0.1423 0.1363 0.1383
June 0.1413 0.1360 0.1380
July 0.1408 0.1352 0.1367
August 0.1381 0.1354 0.1363
September 0.1374 0.1352 0.1362
October 0.1360 0.1172 0.1242
November 0.1181 0.1168 0.1174
December 0.1184 0.1169 0.1176