YEARLY HIGH
2.4879 HKD
YEARLY LOW
2.3617 HKD
YEARLY AVERAGE
2.4432 HKD

2017 PGK to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the PGK to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 20, valuing the pair at 2.4879. Conversely, the yearly low was recorded on April 7, dropping to 2.3617.

This high-to-low spread represents a total annual volatility of 0.1262 HKD. From a start-to-finish perspective, comparing the January average rate of 2.4419 to the December average rate of 2.4285, the exchange rate registered a net change of -0.55% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 2.4879 was down 4.11% compared to the 2016 peak of 2.5946, 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 12,439 HKD
2016 Average 12,399 HKD
Yearly Trough Low 11,808 HKD
Transaction Impact: A difference of 630.80 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2.4631
2.4131
JanuMarcMayJulySeptNove

PGK to HKD 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 2.4429, compared to 2.4434 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 2.4429
H2 Avg (Jul–Dec) 2.4434

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.1116 HKD (High: 2.4879 / Low: 2.3763). On the other end, November was the most stable month, with a tight range of 0.0271 HKD (High: 2.4470 / Low: 2.4198).

July Spread (Volatile) ±0.1116
November Spread (Stable) ±0.0271

Growth Streaks & Declines

Trends

Between 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 0.0321 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0321

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2017: 2.4587) against the same month in 2016 (average: 2.4517), the exchange rate shifted by +0.0070 (+0.28%).

2017 Avg (July) 2.4587
2016 Avg (July) 2.4517

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.4675 2.4157 2.4419
February 2.4797 2.4306 2.4543
March 2.4755 2.4137 2.4493
April 2.4619 2.3617 2.4172
May 2.4678 2.3691 2.4480
June 2.4738 2.3705 2.4468
July 2.4879 2.3763 2.4587
August 2.4790 2.4093 2.4589
September 2.4526 2.4127 2.4406
October 2.4617 2.4257 2.4401
November 2.4470 2.4198 2.4337
December 2.4439 2.4153 2.4285