2017 PGK to KGS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 PGK to KGS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the PGK to KGS exchange rate experienced significant fluctuation. The market reached its absolute peak on February 8, valuing the pair at 22.1828. Conversely, the yearly low was recorded on August 19, dropping to 17.6320.
This high-to-low spread represents a total annual volatility of 4.5508 KGS. From a start-to-finish perspective, comparing the January average rate of 21.8329 to the December average rate of 21.6411, the exchange rate registered a net change of -0.88% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 22.1828 was down 12.28% compared to the 2016 peak of 25.2890, 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 KGS 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 21.5816, compared to 21.5368 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0448 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was August, with a trading range of 4.2697 KGS (High: 21.9017 / Low: 17.6320). On the other end, October was the most stable month, with a tight range of 0.2863 KGS (High: 21.5982 / Low: 21.3119).
Growth Streaks & Declines
TrendsBetween August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.6409 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2017: 21.9018) against the same month in 2016 (average: 24.6166), the exchange rate shifted by -2.7148 (-11.03%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 22.0044 | 21.6426 | 21.8329 |
| February | 22.1828 | 21.6431 | 21.9018 |
| March | 22.0766 | 21.4330 | 21.7940 |
| April | 21.6222 | 20.4956 | 21.1531 |
| May | 21.4975 | 20.5904 | 21.3134 |
| June | 21.8426 | 20.8082 | 21.4942 |
| July | 21.9684 | 21.1747 | 21.7771 |
| August | 21.9017 | 17.6320 | 21.3888 |
| September | 21.5240 | 21.1451 | 21.4076 |
| October | 21.5982 | 21.3119 | 21.4167 |
| November | 21.8395 | 21.3203 | 21.5895 |
| December | 21.8358 | 21.5039 | 21.6411 |