YEARLY HIGH
33.5235 CVE
YEARLY LOW
28.5655 CVE
YEARLY AVERAGE
30.7666 CVE

2017 PGK to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the PGK to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 33.5235. Conversely, the yearly low was recorded on September 18, dropping to 28.5655.

This high-to-low spread represents a total annual volatility of 4.9579 CVE. From a start-to-finish perspective, comparing the January average rate of 32.7176 to the December average rate of 29.0466, the exchange rate registered a net change of -11.22% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 33.5235 was down 1.59% compared to the 2016 peak of 34.0665, 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 167,617 CVE
2016 Average 159,201 CVE
Yearly Trough Low 142,828 CVE
Transaction Impact: A difference of 24,789.52 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

33.2634
28.6153
JanuMarcMayJulySeptNove

PGK to CVE 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 32.1240, compared to 29.4092 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.7148 points.

H1 Avg (Jan–Jun) 32.1240
H2 Avg (Jul–Dec) 29.4092

Volatility Range Comparison

Volatility

The most volatile month in 2017 was April, with a trading range of 1.8995 CVE (High: 32.7682 / Low: 30.8687). On the other end, October was the most stable month, with a tight range of 0.6236 CVE (High: 29.7259 / Low: 29.1024).

April Spread (Volatile) ±1.8995
October Spread (Stable) ±0.6236

Growth Streaks & Declines

Trends

Between 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 July and August, when the average rate fell by 0.7752 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.7752

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 32.7176) against the same month in 2016 (average: 33.6572), the exchange rate shifted by -0.9396 (-2.79%).

2017 Avg (January) 32.7176
2016 Avg (January) 33.6572

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 33.5235 32.3029 32.7176
February 33.3375 32.2677 32.8760
March 33.2363 32.0319 32.6428
April 32.7682 30.8687 32.1184
May 32.1548 30.6657 31.4681
June 31.2804 29.8360 30.9211
July 30.8388 29.4905 30.1944
August 29.7110 28.6963 29.4192
September 29.3817 28.5655 29.0026
October 29.7259 29.1024 29.3879
November 29.8132 28.8257 29.4046
December 29.4653 28.6964 29.0466