YEARLY HIGH
2.2078 BOB
YEARLY LOW
2.1019 BOB
YEARLY AVERAGE
2.1751 BOB

2017 PGK to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the PGK to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on February 8, valuing the pair at 2.2078. Conversely, the yearly low was recorded on July 7, dropping to 2.1019.

This high-to-low spread represents a total annual volatility of 0.1059 BOB. From a start-to-finish perspective, comparing the January average rate of 2.1783 to the December average rate of 2.1489, the exchange rate registered a net change of -1.35% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 2.2078 was down 4.01% compared to the 2016 peak of 2.3000, 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 11,039 BOB
2016 Average 11,019 BOB
Yearly Trough Low 10,510 BOB
Transaction Impact: A difference of 529.42 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2.1928
2.1449
JanuMarcMayJulySeptNove

PGK to BOB 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 2.1780, compared to 2.1722 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0058 points.

H1 Avg (Jan–Jun) 2.1780
H2 Avg (Jul–Dec) 2.1722

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.0992 BOB (High: 2.2011 / Low: 2.1019). On the other end, December was the most stable month, with a tight range of 0.0187 BOB (High: 2.1553 / Low: 2.1367).

July Spread (Volatile) ±0.0992
December Spread (Stable) ±0.0187

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 0.0271 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0271

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2017: 2.1888) against the same month in 2016 (average: 2.2676), the exchange rate shifted by -0.0788 (-3.47%).

2017 Avg (February) 2.1888
2016 Avg (February) 2.2676

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.2029 2.1505 2.1783
February 2.2078 2.1714 2.1888
March 2.1978 2.1566 2.1838
April 2.1834 2.1072 2.1567
May 2.1974 2.1148 2.1831
June 2.1898 2.1129 2.1776
July 2.2011 2.1019 2.1887
August 2.1976 2.1602 2.1885
September 2.1904 2.1504 2.1805
October 2.1801 2.1524 2.1619
November 2.1749 2.1519 2.1646
December 2.1553 2.1367 2.1489