2017 PGK to ALL Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 PGK to ALL Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the PGK to ALL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 41.0617. Conversely, the yearly low was recorded on August 28, dropping to 34.4235.
This high-to-low spread represents a total annual volatility of 6.6381 ALL. From a start-to-finish perspective, comparing the January average rate of 40.3811 to the December average rate of 34.9907, the exchange rate registered a net change of -13.35% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 41.0617 was down 3.63% compared to the 2016 peak of 42.6103, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 PGK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
PGK to ALL 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 39.2276, compared to 35.4226 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.8049 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was April, with a trading range of 2.4818 ALL (High: 40.1739 / Low: 37.6921). On the other end, October was the most stable month, with a tight range of 0.7747 ALL (High: 35.9951 / Low: 35.2203).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2017. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 1.0890 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2017: 40.3811) against the same month in 2016 (average: 42.1519), the exchange rate shifted by -1.7708 (-4.20%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 41.0617 | 39.8181 | 40.3811 |
| February | 40.8669 | 39.7480 | 40.3025 |
| March | 40.5340 | 39.1790 | 39.9290 |
| April | 40.1739 | 37.6921 | 39.3191 |
| May | 38.9166 | 37.2716 | 38.2301 |
| June | 37.6551 | 36.1660 | 37.2036 |
| July | 36.8386 | 35.3308 | 36.2182 |
| August | 35.6546 | 34.4235 | 35.2533 |
| September | 35.5277 | 34.5151 | 35.0354 |
| October | 35.9951 | 35.2203 | 35.5769 |
| November | 35.9315 | 34.8678 | 35.4613 |
| December | 35.4194 | 34.4903 | 34.9907 |