2017 PGK to INR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 PGK to INR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the PGK to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 21.5822. Conversely, the yearly low was recorded on June 14, dropping to 19.5069.
This high-to-low spread represents a total annual volatility of 2.0753 INR. From a start-to-finish perspective, comparing the January average rate of 21.4330 to the December average rate of 19.9615, the exchange rate registered a net change of -6.87% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 21.5822 was down 4.71% compared to the 2016 peak of 22.6494, 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 INR 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 20.6560, compared to 20.1750 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4810 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was June, with a trading range of 0.9690 INR (High: 20.4759 / Low: 19.5069). On the other end, December was the most stable month, with a tight range of 0.3294 INR (High: 20.1434 / Low: 19.8140).
Growth Streaks & Declines
TrendsBetween August and October, 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 0.7091 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2017: 21.4330) against the same month in 2016 (average: 22.3135), the exchange rate shifted by -0.8805 (-3.95%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 21.5822 | 21.2138 | 21.4330 |
| February | 21.4476 | 20.8722 | 21.1790 |
| March | 21.1823 | 20.2594 | 20.7780 |
| April | 20.4693 | 19.5485 | 20.0689 |
| May | 20.4539 | 19.6551 | 20.2532 |
| June | 20.4759 | 19.5069 | 20.2242 |
| July | 20.4933 | 19.6568 | 20.2889 |
| August | 20.2968 | 19.6219 | 20.1142 |
| September | 20.4668 | 19.8229 | 20.1214 |
| October | 20.5255 | 20.1496 | 20.3403 |
| November | 20.4960 | 20.0015 | 20.2238 |
| December | 20.1434 | 19.8140 | 19.9615 |