YEARLY HIGH
552.9646 BIF
YEARLY LOW
515.8987 BIF
YEARLY AVERAGE
540.0667 BIF

2017 PGK to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the PGK to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 17, valuing the pair at 552.9646. Conversely, the yearly low was recorded on May 10, dropping to 515.8987.

This high-to-low spread represents a total annual volatility of 37.0659 BIF. From a start-to-finish perspective, comparing the January average rate of 528.8946 to the December average rate of 546.6862, the exchange rate registered a net change of 3.36% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 552.9646 was up 2.72% compared to the 2016 peak of 538.3187, 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 2,764,823 BIF
2016 Average 2,581,570 BIF
Yearly Trough Low 2,579,494 BIF
Transaction Impact: A difference of 185,329.30 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

550.2891
525.6863
JanuMarcMayJulySeptNove

PGK to BIF 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 533.9327, compared to 546.2006 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 12.2680 points.

H1 Avg (Jan–Jun) 533.9327
H2 Avg (Jul–Dec) 546.2006

Volatility Range Comparison

Volatility

The most volatile month in 2017 was May, with a trading range of 28.2463 BIF (High: 544.1450 / Low: 515.8987). On the other end, November was the most stable month, with a tight range of 7.3572 BIF (High: 551.7166 / Low: 544.3594).

May Spread (Volatile) ±28.2463
November Spread (Stable) ±7.3572

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 7.2564 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -7.2564

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2017: 548.2389) against the same month in 2016 (average: 525.9493), the exchange rate shifted by +22.2896 (+4.24%).

2017 Avg (October) 548.2389
2016 Avg (October) 525.9493

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 536.2180 520.5943 528.8946
February 542.9277 530.8152 535.5144
March 545.0884 530.7113 534.9930
April 536.4343 516.0913 527.7366
May 544.1450 515.8987 535.4118
June 546.9487 524.4755 541.0458
July 548.3250 525.0190 543.1327
August 551.6967 539.2967 546.5279
September 547.8810 537.9091 545.2321
October 552.9646 545.3170 548.2389
November 551.7166 544.3594 547.3862
December 551.7888 542.8098 546.6862