YEARLY HIGH
2.2886 HRK
YEARLY LOW
1.9257 HRK
YEARLY AVERAGE
2.0753 HRK

2017 PGK to HRK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the PGK to HRK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 2.2886. Conversely, the yearly low was recorded on August 28, dropping to 1.9257.

This high-to-low spread represents a total annual volatility of 0.3629 HRK. From a start-to-finish perspective, comparing the January average rate of 2.2301 to the December average rate of 1.9771, the exchange rate registered a net change of -11.35% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 2.2886 was down 2.97% compared to the 2016 peak of 2.3586, 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 11,443 HRK
2016 Average 10,875 HRK
Yearly Trough Low 9,628 HRK
Transaction Impact: A difference of 1,814.70 HRK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2.2576
1.9283
JanuMarcMayJulySeptNove

PGK to HRK 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 2.1627, compared to 1.9879 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1748 points.

H1 Avg (Jan–Jun) 2.1627
H2 Avg (Jul–Dec) 1.9879

Volatility Range Comparison

Volatility

The most volatile month in 2017 was April, with a trading range of 0.1125 HRK (High: 2.1963 / Low: 2.0838). On the other end, October was the most stable month, with a tight range of 0.0413 HRK (High: 2.0194 / Low: 1.9781).

April Spread (Volatile) ±0.1125
October Spread (Stable) ±0.0413

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 0.0531 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0531

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 2.2301) against the same month in 2016 (average: 2.3370), the exchange rate shifted by -0.1069 (-4.57%).

2017 Avg (January) 2.2301
2016 Avg (January) 2.3370

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.2886 2.1849 2.2301
February 2.2473 2.1746 2.2120
March 2.2258 2.1450 2.1890
April 2.1963 2.0838 2.1626
May 2.1515 2.0582 2.1119
June 2.0960 2.0060 2.0705
July 2.0626 1.9780 2.0231
August 1.9943 1.9257 1.9699
September 1.9938 1.9277 1.9558
October 2.0194 1.9781 1.9974
November 2.0318 1.9700 2.0042
December 2.0003 1.9264 1.9771