YEARLY HIGH
0.1405 PGK
YEARLY LOW
0.1331 PGK
YEARLY AVERAGE
0.1359 PGK

2017 HNL to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the HNL to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 16, valuing the pair at 0.1405. Conversely, the yearly low was recorded on February 11, dropping to 0.1331.

This high-to-low spread represents a total annual volatility of 0.0074 PGK. From a start-to-finish perspective, comparing the January average rate of 0.1361 to the December average rate of 0.1361, the exchange rate registered a net change of 0.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.1405 was down 0.06% compared to the 2016 peak of 0.1406, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 703 PGK
2016 Average 688 PGK
Yearly Trough Low 666 PGK
Transaction Impact: A difference of 36.84 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.1375
0.1340
JanuMarcMayJulySeptNove

HNL 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 0.1357, compared to 0.1361 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.1357
H2 Avg (Jul–Dec) 0.1361

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 0.0065 PGK (High: 0.1405 / Low: 0.1340). On the other end, November was the most stable month, with a tight range of 0.0013 PGK (High: 0.1366 / Low: 0.1353).

January Spread (Volatile) ±0.0065
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 January and February, when the average rate fell by 0.0018 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0018

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.1361) against the same month in 2016 (average: 0.1344), the exchange rate shifted by +0.0016 (+1.22%).

2017 Avg (January) 0.1361
2016 Avg (January) 0.1344

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1405 0.1340 0.1361
February 0.1355 0.1331 0.1343
March 0.1365 0.1344 0.1350
April 0.1402 0.1349 0.1372
May 0.1400 0.1346 0.1356
June 0.1402 0.1350 0.1361
July 0.1401 0.1351 0.1357
August 0.1388 0.1353 0.1363
September 0.1385 0.1361 0.1366
October 0.1369 0.1354 0.1361
November 0.1366 0.1353 0.1358
December 0.1372 0.1356 0.1361