YEARLY HIGH
115.3836 MRO
YEARLY LOW
109.5053 MRO
YEARLY AVERAGE
112.8425 MRO

2017 PGK to MRO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the PGK to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on July 26, valuing the pair at 115.3836. Conversely, the yearly low was recorded on May 10, dropping to 109.5053.

This high-to-low spread represents a total annual volatility of 5.8783 MRO. From a start-to-finish perspective, comparing the January average rate of 112.8986 to the December average rate of 110.4508, the exchange rate registered a net change of -2.17% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 115.3836 was up 0.66% compared to the 2016 peak of 114.6266, 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 576,918 MRO
2016 Average 560,464 MRO
Yearly Trough Low 547,527 MRO
Transaction Impact: A difference of 29,391.41 MRO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

114.6661
110.0676
JanuMarcMayJulySeptNove

PGK to MRO 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 112.9882, compared to 112.6968 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2913 points.

H1 Avg (Jan–Jun) 112.9882
H2 Avg (Jul–Dec) 112.6968

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 5.2696 MRO (High: 115.3836 / Low: 110.1141). On the other end, November was the most stable month, with a tight range of 0.7644 MRO (High: 110.9343 / Low: 110.1699).

July Spread (Volatile) ±5.2696
November Spread (Stable) ±0.7644

Growth Streaks & Declines

Trends

Between 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 October and November, when the average rate fell by 2.2412 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -2.2412

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2017: 113.8125) against the same month in 2016 (average: 112.2051), the exchange rate shifted by +1.6074 (+1.43%).

2017 Avg (July) 113.8125
2016 Avg (July) 112.2051

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 114.0794 111.6728 112.8986
February 114.3313 112.9134 113.5478
March 113.6092 111.9413 113.3051
April 113.4551 109.5836 111.9835
May 113.6148 109.5053 113.1552
June 113.8796 110.1857 113.0388
July 115.3836 110.1141 113.8125
August 115.2539 111.8620 114.2829
September 114.6904 112.6798 114.1085
October 114.9437 110.5276 112.8837
November 110.9343 110.1699 110.6425
December 111.2829 109.8996 110.4508