YEARLY HIGH
483.3444 LBP
YEARLY LOW
458.4867 LBP
YEARLY AVERAGE
473.0526 LBP

2017 PGK to LBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the PGK to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 14, valuing the pair at 483.3444. Conversely, the yearly low was recorded on April 19, dropping to 458.4867.

This high-to-low spread represents a total annual volatility of 24.8576 LBP. From a start-to-finish perspective, comparing the January average rate of 474.6724 to the December average rate of 471.2252, the exchange rate registered a net change of -0.73% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 483.3444 was down 4.13% compared to the 2016 peak of 504.1572, 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 2,416,722 LBP
2016 Average 2,411,006 LBP
Yearly Trough Low 2,292,434 LBP
Transaction Impact: A difference of 124,288.07 LBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

477.9673
468.4441
JanuMarcMayJulySeptNove

PGK to LBP 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 473.7866, compared to 472.3186 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.4680 points.

H1 Avg (Jan–Jun) 473.7866
H2 Avg (Jul–Dec) 472.3186

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 20.5376 LBP (High: 479.3969 / Low: 458.8593). On the other end, October was the most stable month, with a tight range of 6.0788 LBP (High: 476.0059 / Low: 469.9271).

July Spread (Volatile) ±20.5376
October Spread (Stable) ±6.0788

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 5.3643 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -5.3643

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2017: 477.1737) against the same month in 2016 (average: 496.4555), the exchange rate shifted by -19.2818 (-3.88%).

2017 Avg (February) 477.1737
2016 Avg (February) 496.4555

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 478.4836 468.9177 474.6724
February 483.3444 471.9586 477.1737
March 476.6545 468.4297 474.6020
April 475.7431 458.4867 469.2377
May 479.0043 458.5007 474.2704
June 477.4622 459.4365 472.7635
July 479.3969 458.8593 473.6968
August 476.8568 467.5077 473.4854
September 472.2766 464.9617 471.2967
October 476.0059 469.9271 472.4182
November 476.5467 469.2077 471.7895
December 475.0992 467.4238 471.2252