YEARLY HIGH
2.4076 PGK
YEARLY LOW
2.1671 PGK
YEARLY AVERAGE
2.2676 PGK

2017 NZD to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NZD to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 2.4076. Conversely, the yearly low was recorded on May 13, dropping to 2.1671.

This high-to-low spread represents a total annual volatility of 0.2405 PGK. From a start-to-finish perspective, comparing the January average rate of 2.2623 to the December average rate of 2.2415, the exchange rate registered a net change of -0.92% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 2.4076 was up 1.90% compared to the 2016 peak of 2.3627, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,038 PGK
2016 Average 10,921 PGK
Yearly Trough Low 10,836 PGK
Transaction Impact: A difference of 1,202.39 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2.3538
2.1954
JanuMarcMayJulySeptNove

NZD 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 2.2535, compared to 2.2817 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0282 points.

H1 Avg (Jan–Jun) 2.2535
H2 Avg (Jul–Dec) 2.2817

Volatility Range Comparison

Volatility

The most volatile month in 2017 was June, with a trading range of 0.1403 PGK (High: 2.3846 / Low: 2.2443). On the other end, November was the most stable month, with a tight range of 0.0461 PGK (High: 2.2299 / Low: 2.1838).

June Spread (Volatile) ±0.1403
November Spread (Stable) ±0.0461

Growth Streaks & Declines

Trends

Between May and July, 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 September and October, when the average rate fell by 0.0676 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0676

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 2.3244) against the same month in 2016 (average: 2.2881), the exchange rate shifted by +0.0362 (+1.58%).

2017 Avg (August) 2.3244
2016 Avg (August) 2.2881

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.3215 2.1958 2.2623
February 2.3236 2.2530 2.2826
March 2.2678 2.1796 2.2204
April 2.3127 2.1886 2.2432
May 2.2738 2.1671 2.2096
June 2.3846 2.2443 2.3030
July 2.3942 2.3010 2.3406
August 2.4076 2.2809 2.3244
September 2.3654 2.2886 2.3213
October 2.3199 2.1950 2.2537
November 2.2299 2.1838 2.2086
December 2.2818 2.1943 2.2415