2017 PGK to BDT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 PGK to BDT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the PGK to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on April 26, valuing the pair at 26.5441. Conversely, the yearly low was recorded on April 7, dropping to 24.4650.
This high-to-low spread represents a total annual volatility of 2.0791 BDT. From a start-to-finish perspective, comparing the January average rate of 24.9570 to the December average rate of 25.7231, the exchange rate registered a net change of 3.07% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 26.5441 was up 1.63% compared to the 2016 peak of 26.1188, 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 BDT 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 25.2792, compared to 25.6295 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3503 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was April, with a trading range of 2.0791 BDT (High: 26.5441 / Low: 24.4650). On the other end, December was the most stable month, with a tight range of 0.2863 BDT (High: 25.8671 / Low: 25.5808).
Growth Streaks & Declines
TrendsBetween June and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.2122 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2017: 25.3717) against the same month in 2016 (average: 25.1056), the exchange rate shifted by +0.2660 (+1.06%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 25.0618 | 24.6907 | 24.9570 |
| February | 25.5322 | 25.0617 | 25.2707 |
| March | 25.3566 | 24.9772 | 25.2748 |
| April | 26.5441 | 24.4650 | 25.3717 |
| May | 26.0683 | 24.8301 | 25.4950 |
| June | 25.4564 | 24.5551 | 25.3060 |
| July | 25.6860 | 24.7013 | 25.4499 |
| August | 25.6390 | 25.1648 | 25.4533 |
| September | 25.7659 | 24.9215 | 25.4989 |
| October | 25.9875 | 25.2917 | 25.7163 |
| November | 26.4192 | 25.2502 | 25.9353 |
| December | 25.8671 | 25.5808 | 25.7231 |