YEARLY HIGH
0.4141 PGK
YEARLY LOW
0.3651 PGK
YEARLY AVERAGE
0.3862 PGK

2017 NOK to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NOK to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 8, valuing the pair at 0.4141. Conversely, the yearly low was recorded on April 22, dropping to 0.3651.

This high-to-low spread represents a total annual volatility of 0.0489 PGK. From a start-to-finish perspective, comparing the January average rate of 0.3753 to the December average rate of 0.3871, the exchange rate registered a net change of 3.13% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.4141 was up 4.11% compared to the 2016 peak of 0.3977, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,070 PGK
2016 Average 1,866 PGK
Yearly Trough Low 1,826 PGK
Transaction Impact: A difference of 244.60 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.4124
0.3692
JanuMarcMayJulySeptNove

NOK 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 0.3755, compared to 0.3968 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0213 points.

H1 Avg (Jan–Jun) 0.3755
H2 Avg (Jul–Dec) 0.3968

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.0233 PGK (High: 0.4004 / Low: 0.3770). On the other end, December was the most stable month, with a tight range of 0.0100 PGK (High: 0.3916 / Low: 0.3816).

July Spread (Volatile) ±0.0233
December Spread (Stable) ±0.0100

Growth Streaks & Declines

Trends

Between March and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0089 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0089

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 0.4088) against the same month in 2016 (average: 0.3859), the exchange rate shifted by +0.0229 (+5.94%).

2017 Avg (September) 0.4088
2016 Avg (September) 0.3859

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3840 0.3671 0.3753
February 0.3872 0.3752 0.3796
March 0.3793 0.3663 0.3728
April 0.3830 0.3651 0.3743
May 0.3845 0.3664 0.3743
June 0.3903 0.3716 0.3768
July 0.4004 0.3770 0.3896
August 0.4138 0.3970 0.4033
September 0.4141 0.4028 0.4088
October 0.4058 0.3921 0.3999
November 0.3959 0.3842 0.3920
December 0.3916 0.3816 0.3871