2017 PGK to MNT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 PGK to MNT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the PGK to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 792.1472. Conversely, the yearly low was recorded on June 17, dropping to 717.8290.
This high-to-low spread represents a total annual volatility of 74.3182 MNT. From a start-to-finish perspective, comparing the January average rate of 782.0292 to the December average rate of 755.7354, the exchange rate registered a net change of -3.36% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 792.1472 was up 0.75% compared to the 2016 peak of 786.2405, 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 MNT 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 764.9678, compared to 761.8288 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.1390 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was July, with a trading range of 49.6240 MNT (High: 774.9641 / Low: 725.3400). On the other end, November was the most stable month, with a tight range of 10.1969 MNT (High: 767.5987 / Low: 757.4017).
Growth Streaks & Declines
TrendsBetween June and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 22.7824 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2017: 782.0292) against the same month in 2016 (average: 662.2857), the exchange rate shifted by +119.7435 (+18.08%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 792.1472 | 774.2654 | 782.0292 |
| February | 791.6294 | 768.9981 | 781.6960 |
| March | 782.5322 | 761.7615 | 774.5358 |
| April | 769.4819 | 731.9568 | 751.7534 |
| May | 765.0731 | 732.5191 | 757.3285 |
| June | 757.2725 | 717.8290 | 742.4640 |
| July | 774.9641 | 725.3400 | 754.2407 |
| August | 774.9076 | 755.1883 | 766.7099 |
| September | 772.5797 | 756.2432 | 764.0517 |
| October | 774.0121 | 762.3041 | 767.1388 |
| November | 767.5987 | 757.4017 | 763.0964 |
| December | 762.4244 | 751.1532 | 755.7354 |