YEARLY HIGH
0.7955 PGK
YEARLY LOW
0.7007 PGK
YEARLY AVERAGE
0.7424 PGK

2017 MYR to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MYR to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 4, valuing the pair at 0.7955. Conversely, the yearly low was recorded on January 5, dropping to 0.7007.

This high-to-low spread represents a total annual volatility of 0.0948 PGK. From a start-to-finish perspective, comparing the January average rate of 0.7124 to the December average rate of 0.7890, the exchange rate registered a net change of 10.75% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.7955 was down 1.68% compared to the 2016 peak of 0.8091, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 MYR based on timing:

Yearly Peak High 15,910 PGK
2016 Average 15,138 PGK
Yearly Trough Low 14,014 PGK
Transaction Impact: A difference of 1,896.03 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.7967
0.7040
JanuMarcMayJulySeptNove

MYR 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 0.7251, compared to 0.7596 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0345 points.

H1 Avg (Jan–Jun) 0.7251
H2 Avg (Jul–Dec) 0.7596

Volatility Range Comparison

Volatility

The most volatile month in 2017 was April, with a trading range of 0.0410 PGK (High: 0.7569 / Low: 0.7159). On the other end, October was the most stable month, with a tight range of 0.0101 PGK (High: 0.7613 / Low: 0.7511).

April Spread (Volatile) ±0.0410
October Spread (Stable) ±0.0101

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0047 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0047

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 0.7890) against the same month in 2016 (average: 0.7118), the exchange rate shifted by +0.0771 (+10.84%).

2017 Avg (December) 0.7890
2016 Avg (December) 0.7118

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7209 0.7007 0.7124
February 0.7196 0.7034 0.7118
March 0.7266 0.7054 0.7143
April 0.7569 0.7159 0.7304
May 0.7568 0.7266 0.7369
June 0.7726 0.7353 0.7451
July 0.7647 0.7315 0.7404
August 0.7585 0.7346 0.7426
September 0.7733 0.7488 0.7599
October 0.7613 0.7511 0.7564
November 0.7858 0.7562 0.7694
December 0.7955 0.7822 0.7890