YEARLY HIGH
0.0327 PGK
YEARLY LOW
0.0271 PGK
YEARLY AVERAGE
0.0300 PGK

2017 ISK to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ISK to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on June 14, valuing the pair at 0.0327. Conversely, the yearly low was recorded on January 11, dropping to 0.0271.

This high-to-low spread represents a total annual volatility of 0.0057 PGK. From a start-to-finish perspective, comparing the January average rate of 0.0278 to the December average rate of 0.0307, 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 0.0327 was up 13.18% compared to the 2016 peak of 0.0289, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 164 PGK
2016 Average 130 PGK
Yearly Trough Low 135 PGK
Transaction Impact: A difference of 28.42 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0320
0.0274
JanuMarcMayJulySeptNove

ISK 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 0.0295, compared to 0.0304 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0295
H2 Avg (Jul–Dec) 0.0304

Volatility Range Comparison

Volatility

The most volatile month in 2017 was April, with a trading range of 0.0031 PGK (High: 0.0309 / Low: 0.0279). On the other end, October was the most stable month, with a tight range of 0.0006 PGK (High: 0.0306 / Low: 0.0300).

April Spread (Volatile) ±0.0031
October Spread (Stable) ±0.0006

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 June and July, when the average rate fell by 0.0011 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2017: 0.0316) against the same month in 2016 (average: 0.0256), the exchange rate shifted by +0.0060 (+23.42%).

2017 Avg (June) 0.0316
2016 Avg (June) 0.0256

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0284 0.0271 0.0278
February 0.0297 0.0276 0.0284
March 0.0298 0.0281 0.0290
April 0.0309 0.0279 0.0292
May 0.0322 0.0299 0.0310
June 0.0327 0.0301 0.0316
July 0.0315 0.0298 0.0305
August 0.0309 0.0290 0.0301
September 0.0305 0.0296 0.0301
October 0.0306 0.0300 0.0303
November 0.0313 0.0302 0.0308
December 0.0312 0.0303 0.0307