YEARLY HIGH
0.1110 PGK
YEARLY LOW
0.1034 PGK
YEARLY AVERAGE
0.1064 PGK

2017 NIO to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NIO to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 7, valuing the pair at 0.1110. Conversely, the yearly low was recorded on December 13, dropping to 0.1034.

This high-to-low spread represents a total annual volatility of 0.0077 PGK. From a start-to-finish perspective, comparing the January average rate of 0.1080 to the December average rate of 0.1044, the exchange rate registered a net change of -3.40% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.1110 was down 0.76% compared to the 2016 peak of 0.1119, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 555 PGK
2016 Average 547 PGK
Yearly Trough Low 517 PGK
Transaction Impact: A difference of 38.34 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.1090
0.1039
JanuMarcMayJulySeptNove

NIO 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 0.1075, compared to 0.1052 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0023 points.

H1 Avg (Jan–Jun) 0.1075
H2 Avg (Jul–Dec) 0.1052

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.0046 PGK (High: 0.1095 / Low: 0.1049). On the other end, November was the most stable month, with a tight range of 0.0014 PGK (High: 0.1051 / Low: 0.1037).

July Spread (Volatile) ±0.0046
November Spread (Stable) ±0.0014

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 0.0016 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2017: 0.1086) against the same month in 2016 (average: 0.1108), the exchange rate shifted by -0.0022 (-1.95%).

2017 Avg (April) 0.1086
2016 Avg (April) 0.1108

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1096 0.1068 0.1080
February 0.1082 0.1062 0.1071
March 0.1089 0.1063 0.1072
April 0.1110 0.1073 0.1086
May 0.1104 0.1062 0.1070
June 0.1102 0.1056 0.1071
July 0.1095 0.1049 0.1060
August 0.1081 0.1055 0.1063
September 0.1068 0.1045 0.1056
October 0.1057 0.1041 0.1049
November 0.1051 0.1037 0.1043
December 0.1049 0.1034 0.1044