YEARLY HIGH
11091.5236 IRR
YEARLY LOW
9420.0064 IRR
YEARLY AVERAGE
10360.1300 IRR

2017 PGK to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the PGK to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 11091.5236. Conversely, the yearly low was recorded on January 6, dropping to 9420.0064.

This high-to-low spread represents a total annual volatility of 1671.5172 IRR. From a start-to-finish perspective, comparing the January average rate of 9982.9160 to the December average rate of 10957.7003, the exchange rate registered a net change of 9.76% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 11091.5236 was up 10.92% compared to the 2016 peak of 9999.6668, 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 55,457,618 IRR
2016 Average 48,151,534 IRR
Yearly Trough Low 47,100,032 IRR
Transaction Impact: A difference of 8,357,585.84 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

11055.1787
9885.4376
JanuMarcMayJulySeptNove

PGK to IRR 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 10156.2370, compared to 10564.0230 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 407.7860 points.

H1 Avg (Jan–Jun) 10156.2370
H2 Avg (Jul–Dec) 10564.0230

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 835.2276 IRR (High: 10255.2340 / Low: 9420.0064). On the other end, November was the most stable month, with a tight range of 167.3863 IRR (High: 10892.4087 / Low: 10725.0224).

January Spread (Volatile) ±835.2276
November Spread (Stable) ±167.3863

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 139.1331 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -139.1331

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 10957.7003) against the same month in 2016 (average: 9475.8611), the exchange rate shifted by +1481.8392 (+15.64%).

2017 Avg (December) 10957.7003
2016 Avg (December) 9475.8611

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10255.2340 9420.0064 9982.9160
February 10350.6287 10151.8350 10247.7899
March 10338.8992 10081.4839 10228.3671
April 10267.2676 9862.8002 10089.2340
May 10279.2099 9876.5233 10203.2422
June 10297.4037 9864.2816 10185.8727
July 10399.8438 9900.7923 10266.6296
August 10444.4461 10084.3773 10328.9518
September 10476.9797 10284.9857 10404.5307
October 10769.9345 10417.3375 10608.6872
November 10892.4087 10725.0224 10817.6385
December 11091.5236 10767.3022 10957.7003