2017 OMR to PGK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 OMR to PGK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the OMR to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on June 14, valuing the pair at 8.5459. Conversely, the yearly low was recorded on February 8, dropping to 8.1276.
This high-to-low spread represents a total annual volatility of 0.4183 PGK. From a start-to-finish perspective, comparing the January average rate of 8.2499 to the December average rate of 8.3567, the exchange rate registered a net change of 1.29% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 8.5459 was up 2.24% compared to the 2016 peak of 8.3584, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 OMR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
OMR to PGK Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 8.2645, compared to 8.3032 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0387 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was July, with a trading range of 0.3829 PGK (High: 8.5372 / Low: 8.1543). On the other end, November was the most stable month, with a tight range of 0.0856 PGK (High: 8.3761 / Low: 8.2904).
Growth Streaks & Declines
TrendsBetween 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 0.0898 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2017: 8.2789) against the same month in 2016 (average: 8.2025), the exchange rate shifted by +0.0764 (+0.93%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 8.3385 | 8.1624 | 8.2499 |
| February | 8.2897 | 8.1276 | 8.2123 |
| March | 8.3557 | 8.1481 | 8.2342 |
| April | 8.5426 | 8.2096 | 8.3507 |
| May | 8.5367 | 8.2017 | 8.2608 |
| June | 8.5459 | 8.1842 | 8.2789 |
| July | 8.5372 | 8.1543 | 8.2474 |
| August | 8.4265 | 8.1901 | 8.2601 |
| September | 8.4136 | 8.2718 | 8.3156 |
| October | 8.3608 | 8.2393 | 8.3087 |
| November | 8.3761 | 8.2904 | 8.3304 |
| December | 8.3937 | 8.2951 | 8.3567 |