YEARLY HIGH
0.1205 BHD
YEARLY LOW
0.1146 BHD
YEARLY AVERAGE
0.1182 BHD

2017 PGK to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the PGK to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 8, valuing the pair at 0.1205. Conversely, the yearly low was recorded on June 14, dropping to 0.1146.

This high-to-low spread represents a total annual volatility of 0.0058 BHD. From a start-to-finish perspective, comparing the January average rate of 0.1187 to the December average rate of 0.1172, the exchange rate registered a net change of -1.25% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.1205 was down 4.15% compared to the 2016 peak of 0.1257, 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 602 BHD
2016 Average 602 BHD
Yearly Trough Low 573 BHD
Transaction Impact: A difference of 29.07 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.1194
0.1170
JanuMarcMayJulySeptNove

PGK to BHD 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 0.1185, compared to 0.1180 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.1185
H2 Avg (Jul–Dec) 0.1180

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.0054 BHD (High: 0.1201 / Low: 0.1147). On the other end, November was the most stable month, with a tight range of 0.0014 BHD (High: 0.1184 / Low: 0.1170).

July Spread (Volatile) ±0.0054
November Spread (Stable) ±0.0014

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 0.0017 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0017

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2017: 0.1192) against the same month in 2016 (average: 0.1240), the exchange rate shifted by -0.0048 (-3.86%).

2017 Avg (February) 0.1192
2016 Avg (February) 0.1240

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1200 0.1174 0.1187
February 0.1205 0.1181 0.1192
March 0.1202 0.1172 0.1189
April 0.1193 0.1147 0.1172
May 0.1194 0.1147 0.1185
June 0.1196 0.1146 0.1183
July 0.1201 0.1147 0.1188
August 0.1196 0.1162 0.1186
September 0.1184 0.1164 0.1178
October 0.1189 0.1172 0.1179
November 0.1184 0.1170 0.1177
December 0.1181 0.1166 0.1172