2017 PGK to HUF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 PGK to HUF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the PGK to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 93.5984. Conversely, the yearly low was recorded on August 28, dropping to 79.0726.
This high-to-low spread represents a total annual volatility of 14.5258 HUF. From a start-to-finish perspective, comparing the January average rate of 91.4778 to the December average rate of 82.1558, the exchange rate registered a net change of -10.19% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 93.5984 was down 3.67% compared to the 2016 peak of 97.1595, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 PGK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
PGK to HUF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 89.8636, compared to 82.1454 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 7.7182 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was May, with a trading range of 4.7363 HUF (High: 90.0468 / Low: 85.3104). On the other end, October was the most stable month, with a tight range of 2.2225 HUF (High: 83.4507 / Low: 81.2283).
Growth Streaks & Declines
TrendsBetween 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 2.7392 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2017: 91.4778) against the same month in 2016 (average: 95.9442), the exchange rate shifted by -4.4664 (-4.66%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 93.5984 | 90.4254 | 91.4778 |
| February | 92.8105 | 90.1506 | 91.7073 |
| March | 93.1565 | 89.2891 | 91.3947 |
| April | 92.0384 | 87.3939 | 90.4552 |
| May | 90.0468 | 85.3104 | 88.0135 |
| June | 87.4265 | 82.9430 | 86.1329 |
| July | 85.9813 | 81.8081 | 83.6827 |
| August | 81.9833 | 79.0726 | 80.9435 |
| September | 82.7917 | 79.4945 | 80.8550 |
| October | 83.4507 | 81.2283 | 82.4606 |
| November | 83.9322 | 81.0629 | 82.7749 |
| December | 83.2356 | 80.5600 | 82.1558 |