YEARLY HIGH
1.1737 AED
YEARLY LOW
1.1165 AED
YEARLY AVERAGE
1.1516 AED

2017 PGK to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the PGK to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on February 8, valuing the pair at 1.1737. Conversely, the yearly low was recorded on June 14, dropping to 1.1165.

This high-to-low spread represents a total annual volatility of 0.0573 AED. From a start-to-finish perspective, comparing the January average rate of 1.1564 to the December average rate of 1.1417, the exchange rate registered a net change of -1.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.1737 was down 4.10% compared to the 2016 peak of 1.2239, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,869 AED
2016 Average 5,867 AED
Yearly Trough Low 5,582 AED
Transaction Impact: A difference of 286.41 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.1637
1.1397
JanuMarcMayJulySeptNove

PGK to AED 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 1.1543, compared to 1.1489 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0054 points.

H1 Avg (Jan–Jun) 1.1543
H2 Avg (Jul–Dec) 1.1489

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.0527 AED (High: 1.1700 / Low: 1.1173). On the other end, November was the most stable month, with a tight range of 0.0114 AED (High: 1.1506 / Low: 1.1392).

July Spread (Volatile) ±0.0527
November Spread (Stable) ±0.0114

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2017. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0164 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0164

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2017: 1.1617) against the same month in 2016 (average: 1.2083), the exchange rate shifted by -0.0466 (-3.86%).

2017 Avg (February) 1.1617
2016 Avg (February) 1.2083

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.1688 1.1441 1.1564
February 1.1737 1.1502 1.1617
March 1.1708 1.1417 1.1585
April 1.1622 1.1166 1.1421
May 1.1630 1.1176 1.1547
June 1.1648 1.1165 1.1525
July 1.1700 1.1173 1.1565
August 1.1646 1.1319 1.1548
September 1.1534 1.1337 1.1471
October 1.1579 1.1420 1.1483
November 1.1506 1.1392 1.1452
December 1.1501 1.1356 1.1417