2017 PGK to CRC Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 PGK to CRC Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the PGK to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on May 26, valuing the pair at 186.2165. Conversely, the yearly low was recorded on April 7, dropping to 169.6854.
This high-to-low spread represents a total annual volatility of 16.5312 CRC. From a start-to-finish perspective, comparing the January average rate of 173.5260 to the December average rate of 175.9294, the exchange rate registered a net change of 1.39% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 186.2165 was up 4.22% compared to the 2016 peak of 178.6763, 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 CRC 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 175.9883, compared to 178.8231 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.8349 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was May, with a trading range of 15.0479 CRC (High: 186.2165 / Low: 171.1687). On the other end, December was the most stable month, with a tight range of 1.9090 CRC (High: 176.9988 / Low: 175.0897).
Growth Streaks & Declines
TrendsBetween June and August, 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 March and April, when the average rate fell by 2.4787 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2017: 178.8318) against the same month in 2016 (average: 169.9055), the exchange rate shifted by +8.9264 (+5.25%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 174.9053 | 171.6015 | 173.5260 |
| February | 178.8007 | 173.4174 | 175.9741 |
| March | 177.6205 | 172.8075 | 175.9195 |
| April | 175.6578 | 169.6854 | 173.4408 |
| May | 186.2165 | 171.1687 | 178.8318 |
| June | 180.1713 | 173.1314 | 178.2375 |
| July | 182.1920 | 174.8167 | 179.8786 |
| August | 183.0888 | 177.4906 | 181.1197 |
| September | 181.2392 | 178.0383 | 180.1765 |
| October | 180.3148 | 177.3670 | 178.6896 |
| November | 178.4751 | 175.4976 | 177.1450 |
| December | 176.9988 | 175.0897 | 175.9294 |