YEARLY HIGH
2.2492 DKK
YEARLY LOW
1.9205 DKK
YEARLY AVERAGE
2.0687 DKK

2017 PGK to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the PGK to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 2.2492. Conversely, the yearly low was recorded on September 18, dropping to 1.9205.

This high-to-low spread represents a total annual volatility of 0.3287 DKK. From a start-to-finish perspective, comparing the January average rate of 2.2019 to the December average rate of 1.9539, the exchange rate registered a net change of -11.26% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 2.2492 was down 2.36% compared to the 2016 peak of 2.3035, 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 11,246 DKK
2016 Average 10,750 DKK
Yearly Trough Low 9,603 DKK
Transaction Impact: A difference of 1,643.29 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2.2360
1.9245
JanuMarcMayJulySeptNove

PGK to DKK 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 2.1593, compared to 1.9781 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1812 points.

H1 Avg (Jan–Jun) 2.1593
H2 Avg (Jul–Dec) 1.9781

Volatility Range Comparison

Volatility

The most volatile month in 2017 was April, with a trading range of 0.1217 DKK (High: 2.1991 / Low: 2.0773). On the other end, October was the most stable month, with a tight range of 0.0394 DKK (High: 2.0002 / Low: 1.9608).

April Spread (Volatile) ±0.1217
October Spread (Stable) ±0.0394

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 July and August, when the average rate fell by 0.0514 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0514

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 2.2019) against the same month in 2016 (average: 2.2775), the exchange rate shifted by -0.0756 (-3.32%).

2017 Avg (January) 2.2019
2016 Avg (January) 2.2775

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.2492 2.1671 2.2019
February 2.2415 2.1666 2.2100
March 2.2291 2.1525 2.1930
April 2.1991 2.0773 2.1584
May 2.1553 2.0650 2.1147
June 2.1021 2.0158 2.0778
July 2.0701 1.9839 2.0299
August 2.0040 1.9322 1.9785
September 1.9783 1.9205 1.9505
October 2.0002 1.9608 1.9801
November 2.0051 1.9404 1.9758
December 1.9713 1.9308 1.9539