YEARLY HIGH
0.0024 PGK
YEARLY LOW
0.0023 PGK
YEARLY AVERAGE
0.0023 PGK

2017 MMK to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MMK to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 19, valuing the pair at 0.0024. Conversely, the yearly low was recorded on February 11, dropping to 0.0023.

This high-to-low spread represents a total annual volatility of 0.0001 PGK. From a start-to-finish perspective, comparing the January average rate of 0.0023 to the December average rate of 0.0024, the exchange rate registered a net change of 1.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0024 was down 10.81% compared to the 2016 peak of 0.0027, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12 PGK
2016 Average 13 PGK
Yearly Trough Low 11 PGK
Transaction Impact: A difference of 0.73 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0024
0.0023
JanuMarcMayJulySeptNove

MMK 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 0.0023, compared to 0.0024 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0023
H2 Avg (Jul–Dec) 0.0024

Volatility Range Comparison

Volatility

The most volatile month in 2017 was April, with a trading range of 0.0001 PGK (High: 0.0024 / Low: 0.0023). On the other end, December was the most stable month, with a tight range of 0.0000 PGK (High: 0.0024 / Low: 0.0024).

April Spread (Volatile) ±0.0001
December Spread (Stable) ±0.0000

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 April and May, when the average rate fell by 0.0000 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2017: 0.0024) against the same month in 2016 (average: 0.0026), the exchange rate shifted by -0.0003 (-10.42%).

2017 Avg (April) 0.0024
2016 Avg (April) 0.0026

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0024 0.0023 0.0023
February 0.0023 0.0023 0.0023
March 0.0023 0.0023 0.0023
April 0.0024 0.0023 0.0024
May 0.0024 0.0023 0.0023
June 0.0024 0.0023 0.0023
July 0.0024 0.0023 0.0023
August 0.0024 0.0023 0.0023
September 0.0024 0.0023 0.0024
October 0.0024 0.0023 0.0023
November 0.0024 0.0023 0.0024
December 0.0024 0.0024 0.0024