YEARLY HIGH
1.3742 PGK
YEARLY LOW
1.1489 PGK
YEARLY AVERAGE
1.2782 PGK

2017 GEL to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the GEL to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 19, valuing the pair at 1.3742. Conversely, the yearly low was recorded on January 5, dropping to 1.1489.

This high-to-low spread represents a total annual volatility of 0.2253 PGK. From a start-to-finish perspective, comparing the January average rate of 1.1778 to the December average rate of 1.2267, the exchange rate registered a net change of 4.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.3742 was down 7.82% compared to the 2016 peak of 1.4908, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,871 PGK
2016 Average 6,644 PGK
Yearly Trough Low 5,744 PGK
Transaction Impact: A difference of 1,126.71 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.3488
1.1622
JanuMarcMayJulySeptNove

GEL 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 1.2719, compared to 1.2844 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0125 points.

H1 Avg (Jan–Jun) 1.2719
H2 Avg (Jul–Dec) 1.2844

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.1186 PGK (High: 1.2975 / Low: 1.1789). On the other end, September was the most stable month, with a tight range of 0.0289 PGK (High: 1.3150 / Low: 1.2861).

November Spread (Volatile) ±0.1186
September Spread (Stable) ±0.0289

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0418 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0418

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2017: 1.3332) against the same month in 2016 (average: 1.3839), the exchange rate shifted by -0.0507 (-3.66%).

2017 Avg (April) 1.3332
2016 Avg (April) 1.3839

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.2010 1.1489 1.1778
February 1.2423 1.1762 1.2007
March 1.3112 1.2589 1.2858
April 1.3742 1.2832 1.3332
May 1.3494 1.2960 1.3120
June 1.3653 1.3027 1.3222
July 1.3730 1.3093 1.3249
August 1.3600 1.3073 1.3267
September 1.3150 1.2861 1.2986
October 1.3016 1.2612 1.2857
November 1.2975 1.1789 1.2439
December 1.2709 1.1854 1.2267