YEARLY HIGH
0.9346 PGK
YEARLY LOW
0.8163 PGK
YEARLY AVERAGE
0.8873 PGK

2017 ILS to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ILS to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on June 16, valuing the pair at 0.9346. Conversely, the yearly low was recorded on January 5, dropping to 0.8163.

This high-to-low spread represents a total annual volatility of 0.1183 PGK. From a start-to-finish perspective, comparing the January average rate of 0.8324 to the December average rate of 0.9191, the exchange rate registered a net change of 10.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.9346 was up 10.12% compared to the 2016 peak of 0.8487, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,673 PGK
2016 Average 4,080 PGK
Yearly Trough Low 4,081 PGK
Transaction Impact: A difference of 591.70 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.9278
0.8238
JanuMarcMayJulySeptNove

ILS 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 0.8700, compared to 0.9046 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0346 points.

H1 Avg (Jan–Jun) 0.8700
H2 Avg (Jul–Dec) 0.9046

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.0460 PGK (High: 0.9287 / Low: 0.8827). On the other end, October was the most stable month, with a tight range of 0.0170 PGK (High: 0.9202 / Low: 0.9033).

July Spread (Volatile) ±0.0460
October Spread (Stable) ±0.0170

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0117 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0117

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2017: 0.9029) against the same month in 2016 (average: 0.8184), the exchange rate shifted by +0.0845 (+10.33%).

2017 Avg (June) 0.9029
2016 Avg (June) 0.8184

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8427 0.8163 0.8324
February 0.8707 0.8352 0.8492
March 0.8881 0.8527 0.8678
April 0.9075 0.8629 0.8817
May 0.9115 0.8747 0.8861
June 0.9346 0.8899 0.9029
July 0.9287 0.8827 0.8952
August 0.8992 0.8709 0.8835
September 0.9176 0.8930 0.9069
October 0.9202 0.9033 0.9110
November 0.9198 0.9010 0.9118
December 0.9287 0.9064 0.9191