2017 PGK to CLP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 PGK to CLP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the PGK to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on May 9, valuing the pair at 213.2843. Conversely, the yearly low was recorded on December 30, dropping to 191.1019.
This high-to-low spread represents a total annual volatility of 22.1824 CLP. From a start-to-finish perspective, comparing the January average rate of 207.7877 to the December average rate of 197.4344, the exchange rate registered a net change of -4.98% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 213.2843 was down 12.17% compared to the 2016 peak of 242.8409, 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 CLP 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 207.2728, compared to 199.5264 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 7.7464 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was December, with a trading range of 13.2782 CLP (High: 204.3801 / Low: 191.1019). On the other end, February was the most stable month, with a tight range of 5.6236 CLP (High: 207.0151 / Low: 201.3915).
Growth Streaks & Declines
TrendsBetween September and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 6.8445 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2017: 211.1498) against the same month in 2016 (average: 215.9783), the exchange rate shifted by -4.8285 (-2.24%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 213.0671 | 203.7481 | 207.7877 |
| February | 207.0151 | 201.3915 | 203.3942 |
| March | 212.4570 | 205.1761 | 208.6753 |
| April | 209.5585 | 197.2307 | 203.9770 |
| May | 213.2843 | 204.9014 | 211.1498 |
| June | 212.3701 | 201.0091 | 208.6526 |
| July | 210.3608 | 202.9202 | 207.2142 |
| August | 205.4749 | 195.3829 | 202.3327 |
| September | 199.4062 | 192.6095 | 195.4881 |
| October | 199.9582 | 193.7541 | 197.1239 |
| November | 202.4583 | 194.9942 | 197.5653 |
| December | 204.3801 | 191.1019 | 197.4344 |