YEARLY HIGH
2992.3784 GNF
YEARLY LOW
2724.2323 GNF
YEARLY AVERAGE
2861.2343 GNF

2017 PGK to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the PGK to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 15, valuing the pair at 2992.3784. Conversely, the yearly low was recorded on June 17, dropping to 2724.2323.

This high-to-low spread represents a total annual volatility of 268.1461 GNF. From a start-to-finish perspective, comparing the January average rate of 2948.6037 to the December average rate of 2803.3254, the exchange rate registered a net change of -4.93% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 2992.3784 was up 0.20% compared to the 2016 peak of 2986.4874, 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 14,961,892 GNF
2016 Average 13,351,124 GNF
Yearly Trough Low 13,621,161 GNF
Transaction Impact: A difference of 1,340,730.31 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2981.9909
2784.4104
JanuMarcMayJulySeptNove

PGK to GNF 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 2911.1229, compared to 2811.3456 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 99.7774 points.

H1 Avg (Jan–Jun) 2911.1229
H2 Avg (Jul–Dec) 2811.3456

Volatility Range Comparison

Volatility

The most volatile month in 2017 was June, with a trading range of 165.2425 GNF (High: 2889.4747 / Low: 2724.2323). On the other end, October was the most stable month, with a tight range of 29.3893 GNF (High: 2820.1612 / Low: 2790.7719).

June Spread (Volatile) ±165.2425
October Spread (Stable) ±29.3893

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 March and April, when the average rate fell by 59.2412 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -59.2412

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2017: 2965.5258) against the same month in 2016 (average: 2532.7927), the exchange rate shifted by +432.7331 (+17.09%).

2017 Avg (February) 2965.5258
2016 Avg (February) 2532.7927

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2987.9503 2889.5252 2948.6037
February 2992.3784 2904.1199 2965.5258
March 2965.9800 2874.8829 2942.3255
April 2937.6907 2784.2019 2883.0843
May 2932.2425 2776.5100 2881.5107
June 2889.4747 2724.2323 2845.6877
July 2868.2392 2737.6426 2836.2486
August 2844.0915 2751.7244 2808.4206
September 2826.4137 2766.6141 2800.8754
October 2820.1612 2790.7719 2807.8859
November 2823.1832 2793.3342 2811.3177
December 2821.0103 2786.9127 2803.3254