2017 PGK to LKR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 PGK to LKR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the PGK to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 26, valuing the pair at 48.7973. Conversely, the yearly low was recorded on April 7, dropping to 46.1876.
This high-to-low spread represents a total annual volatility of 2.6097 LKR. From a start-to-finish perspective, comparing the January average rate of 47.2088 to the December average rate of 47.6156, the exchange rate registered a net change of 0.86% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 48.7973 was up 1.13% compared to the 2016 peak of 48.2521, 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 LKR 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 47.6582, compared to 47.9413 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2831 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was July, with a trading range of 2.0532 LKR (High: 48.7973 / Low: 46.7441). On the other end, November was the most stable month, with a tight range of 0.2759 LKR (High: 47.9926 / Low: 47.7167).
Growth Streaks & Declines
TrendsBetween April and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.4887 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2017: 48.2832) against the same month in 2016 (average: 46.1019), the exchange rate shifted by +2.1813 (+4.73%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 47.3420 | 46.6801 | 47.2088 |
| February | 48.2991 | 47.1783 | 47.7618 |
| March | 48.0647 | 47.2964 | 47.7997 |
| April | 47.9953 | 46.1876 | 47.3110 |
| May | 48.2803 | 46.4354 | 47.9085 |
| June | 48.5076 | 46.5008 | 47.9592 |
| July | 48.7973 | 46.7441 | 48.2832 |
| August | 48.3897 | 47.3175 | 48.0571 |
| September | 47.9902 | 47.3034 | 47.8103 |
| October | 48.4145 | 47.8169 | 48.0058 |
| November | 47.9926 | 47.7167 | 47.8757 |
| December | 47.8185 | 47.3535 | 47.6156 |