2017 PGK to IQD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 PGK to IQD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the PGK to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 16, valuing the pair at 380.8305. Conversely, the yearly low was recorded on May 10, dropping to 354.7193.
This high-to-low spread represents a total annual volatility of 26.1112 IQD. From a start-to-finish perspective, comparing the January average rate of 371.7128 to the December average rate of 370.0065, the exchange rate registered a net change of -0.46% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 380.8305 was up 1.02% compared to the 2016 peak of 377.0017, 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 IQD 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 369.0537, compared to 366.5131 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.5406 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was May, with a trading range of 18.1236 IQD (High: 372.8429 / Low: 354.7193). On the other end, December was the most stable month, with a tight range of 3.2057 IQD (High: 371.4036 / Low: 368.1979).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2017. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 6.2636 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2017: 373.6643) against the same month in 2016 (average: 358.0834), the exchange rate shifted by +15.5809 (+4.35%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 373.1062 | 367.2554 | 371.7128 |
| February | 380.8305 | 370.0336 | 373.6643 |
| March | 372.4409 | 365.9381 | 370.5152 |
| April | 373.2437 | 356.0927 | 364.2516 |
| May | 372.8429 | 354.7193 | 367.5977 |
| June | 372.2556 | 359.1295 | 366.5807 |
| July | 373.4450 | 359.5437 | 367.4357 |
| August | 372.4886 | 361.6281 | 366.9287 |
| September | 369.8365 | 360.8658 | 365.8095 |
| October | 368.0402 | 362.9145 | 365.0722 |
| November | 370.2881 | 362.7244 | 363.8260 |
| December | 371.4036 | 368.1979 | 370.0065 |