YEARLY HIGH
1066.7054 MGA
YEARLY LOW
906.4639 MGA
YEARLY AVERAGE
979.2032 MGA

2017 PGK to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the PGK to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 1066.7054. Conversely, the yearly low was recorded on July 7, dropping to 906.4639.

This high-to-low spread represents a total annual volatility of 160.2415 MGA. From a start-to-finish perspective, comparing the January average rate of 1033.1524 to the December average rate of 1002.8899, the exchange rate registered a net change of -2.93% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 1066.7054 was down 0.42% compared to the 2016 peak of 1071.1930, 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 5,333,527 MGA
2016 Average 5,075,833 MGA
Yearly Trough Low 4,532,319 MGA
Transaction Impact: A difference of 801,207.70 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1043.3267
921.2351
JanuMarcMayJulySeptNove

PGK to MGA 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 999.5275, compared to 958.8789 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 40.6486 points.

H1 Avg (Jan–Jun) 999.5275
H2 Avg (Jul–Dec) 958.8789

Volatility Range Comparison

Volatility

The most volatile month in 2017 was March, with a trading range of 71.6295 MGA (High: 1039.6811 / Low: 968.0516). On the other end, November was the most stable month, with a tight range of 19.0827 MGA (High: 1004.0208 / Low: 984.9382).

March Spread (Volatile) ±71.6295
November Spread (Stable) ±19.0827

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 51.4258 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -51.4258

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 1033.1524) against the same month in 2016 (average: 1064.9296), the exchange rate shifted by -31.7772 (-2.98%).

2017 Avg (January) 1033.1524
2016 Avg (January) 1064.9296

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1066.7054 1004.8027 1033.1524
February 1013.9855 965.4151 996.8933
March 1039.6811 968.0516 1005.1145
April 1034.0646 970.7856 995.4532
May 1007.8114 954.5638 983.7163
June 1014.4025 952.9919 982.8352
July 968.4045 906.4639 931.4094
August 942.2453 914.4138 932.1321
September 947.8694 919.2956 933.3773
October 984.7284 947.3923 962.4049
November 1004.0208 984.9382 991.0601
December 1015.0065 985.3052 1002.8899