2017 PGK to LAK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 PGK to LAK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the PGK to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on August 25, valuing the pair at 2631.9736. Conversely, the yearly low was recorded on May 10, dropping to 2467.6054.
This high-to-low spread represents a total annual volatility of 164.3682 LAK. From a start-to-finish perspective, comparing the January average rate of 2555.6850 to the December average rate of 2586.7153, the exchange rate registered a net change of 1.21% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 2631.9736 was down 3.17% compared to the 2016 peak of 2718.0635, 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 LAK 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 2559.1348, compared to 2594.0123 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 34.8776 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was May, with a trading range of 129.7594 LAK (High: 2597.3648 / Low: 2467.6054). On the other end, December was the most stable month, with a tight range of 22.3984 LAK (High: 2595.4726 / Low: 2573.0742).
Growth Streaks & Declines
TrendsBetween April and August, 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 31.3730 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2017: 2602.4182) against the same month in 2016 (average: 2554.8718), the exchange rate shifted by +47.5464 (+1.86%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 2595.8327 | 2509.1494 | 2555.6850 |
| February | 2607.2896 | 2513.5642 | 2571.5928 |
| March | 2604.7430 | 2519.4578 | 2562.4012 |
| April | 2588.0280 | 2469.4721 | 2531.0282 |
| May | 2597.3648 | 2467.6054 | 2558.5537 |
| June | 2616.5512 | 2501.5958 | 2575.5477 |
| July | 2613.8129 | 2509.5057 | 2590.9997 |
| August | 2631.9736 | 2553.1044 | 2602.4182 |
| September | 2605.4802 | 2558.0748 | 2592.5949 |
| October | 2614.9135 | 2584.5607 | 2598.0374 |
| November | 2602.2627 | 2579.1955 | 2593.3086 |
| December | 2595.4726 | 2573.0742 | 2586.7153 |