YEARLY HIGH
0.0746 PGK
YEARLY LOW
0.0668 PGK
YEARLY AVERAGE
0.0697 PGK

2017 GMD to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the GMD to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0746. Conversely, the yearly low was recorded on October 17, dropping to 0.0668.

This high-to-low spread represents a total annual volatility of 0.0078 PGK. From a start-to-finish perspective, comparing the January average rate of 0.0730 to the December average rate of 0.0677, the exchange rate registered a net change of -7.21% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0746 was down 4.01% compared to the 2016 peak of 0.0778, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 373 PGK
2016 Average 373 PGK
Yearly Trough Low 334 PGK
Transaction Impact: A difference of 38.96 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0735
0.0672
JanuMarcMayJulySeptNove

GMD 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 0.0708, compared to 0.0685 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0023 points.

H1 Avg (Jan–Jun) 0.0708
H2 Avg (Jul–Dec) 0.0685

Volatility Range Comparison

Volatility

The most volatile month in 2017 was June, with a trading range of 0.0034 PGK (High: 0.0717 / Low: 0.0684). On the other end, November was the most stable month, with a tight range of 0.0008 PGK (High: 0.0680 / Low: 0.0673).

June Spread (Volatile) ±0.0034
November Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between July and September, 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 April and May, when the average rate fell by 0.0021 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0021

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.0730) against the same month in 2016 (average: 0.0763), the exchange rate shifted by -0.0034 (-4.43%).

2017 Avg (January) 0.0730
2016 Avg (January) 0.0763

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0746 0.0716 0.0730
February 0.0730 0.0701 0.0716
March 0.0719 0.0701 0.0709
April 0.0730 0.0698 0.0711
May 0.0713 0.0684 0.0690
June 0.0717 0.0684 0.0693
July 0.0714 0.0682 0.0690
August 0.0702 0.0684 0.0693
September 0.0705 0.0691 0.0695
October 0.0696 0.0668 0.0680
November 0.0680 0.0673 0.0677
December 0.0681 0.0672 0.0677