2017 PGK to MMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 PGK to MMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the PGK to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 10, valuing the pair at 438.0497. Conversely, the yearly low was recorded on April 19, dropping to 411.8302.
This high-to-low spread represents a total annual volatility of 26.2195 MMK. From a start-to-finish perspective, comparing the January average rate of 427.2056 to the December average rate of 422.2271, the exchange rate registered a net change of -1.17% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 438.0497 was up 0.39% compared to the 2016 peak of 436.3398, 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 MMK 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 428.2926, compared to 425.3198 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.9728 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was July, with a trading range of 19.6511 MMK (High: 432.4572 / Low: 412.8061). On the other end, December was the most stable month, with a tight range of 5.5152 MMK (High: 424.8424 / Low: 419.3273).
Growth Streaks & Declines
TrendsNo 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 8.0686 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2017: 432.8608) against the same month in 2016 (average: 410.0543), the exchange rate shifted by +22.8064 (+5.56%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 430.1718 | 421.0301 | 427.2056 |
| February | 438.0497 | 426.2621 | 432.8608 |
| March | 437.5243 | 425.8860 | 430.9672 |
| April | 431.4457 | 411.8302 | 422.8986 |
| May | 432.6318 | 416.9740 | 428.5022 |
| June | 432.9726 | 415.2862 | 427.3210 |
| July | 432.4572 | 412.8061 | 428.9455 |
| August | 431.4969 | 420.8818 | 427.5303 |
| September | 427.9941 | 416.3838 | 425.0801 |
| October | 430.9435 | 421.2759 | 425.7106 |
| November | 425.8043 | 419.8200 | 422.4250 |
| December | 424.8424 | 419.3273 | 422.2271 |