YEARLY HIGH
0.0975 KWD
YEARLY LOW
0.0922 KWD
YEARLY AVERAGE
0.0951 KWD

2017 PGK to KWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the PGK to KWD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 15, valuing the pair at 0.0975. Conversely, the yearly low was recorded on July 7, dropping to 0.0922.

This high-to-low spread represents a total annual volatility of 0.0053 KWD. From a start-to-finish perspective, comparing the January average rate of 0.0962 to the December average rate of 0.0939, the exchange rate registered a net change of -2.40% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0975 was down 3.76% compared to the 2016 peak of 0.1013, 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 488 KWD
2016 Average 483 KWD
Yearly Trough Low 461 KWD
Transaction Impact: A difference of 26.52 KWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0968
0.0936
JanuMarcMayJulySeptNove

PGK to KWD 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 0.0957, compared to 0.0945 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.0957
H2 Avg (Jul–Dec) 0.0945

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.0042 KWD (High: 0.0964 / Low: 0.0922). On the other end, November was the most stable month, with a tight range of 0.0011 KWD (High: 0.0947 / Low: 0.0936).

July Spread (Volatile) ±0.0042
November Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

No 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 0.0016 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2017: 0.0965) against the same month in 2016 (average: 0.0987), the exchange rate shifted by -0.0021 (-2.15%).

2017 Avg (February) 0.0965
2016 Avg (February) 0.0987

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0972 0.0952 0.0962
February 0.0975 0.0955 0.0965
March 0.0974 0.0949 0.0963
April 0.0963 0.0927 0.0947
May 0.0965 0.0926 0.0956
June 0.0963 0.0922 0.0952
July 0.0964 0.0922 0.0953
August 0.0958 0.0931 0.0949
September 0.0946 0.0930 0.0941
October 0.0953 0.0940 0.0945
November 0.0947 0.0936 0.0942
December 0.0946 0.0934 0.0939