2017 PGK to MWK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 PGK to MWK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the PGK to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 8, valuing the pair at 231.5268. Conversely, the yearly low was recorded on May 10, dropping to 220.6420.
This high-to-low spread represents a total annual volatility of 10.8848 MWK. From a start-to-finish perspective, comparing the January average rate of 228.2444 to the December average rate of 225.5482, the exchange rate registered a net change of -1.18% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 231.5268 was down 6.80% compared to the 2016 peak of 248.4312, 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 MWK 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 228.0445, compared to 226.9430 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.1016 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was July, with a trading range of 10.4190 MWK (High: 231.1262 / Low: 220.7072). On the other end, November was the most stable month, with a tight range of 2.5841 MWK (High: 227.4758 / Low: 224.8918).
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 2.7955 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2017: 229.3893) against the same month in 2016 (average: 243.2571), the exchange rate shifted by -13.8678 (-5.70%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 229.8687 | 225.1265 | 228.2444 |
| February | 231.5268 | 227.3855 | 229.3893 |
| March | 230.8461 | 225.3596 | 228.6859 |
| April | 229.9546 | 220.7022 | 225.8903 |
| May | 229.6489 | 220.6420 | 228.1499 |
| June | 230.6239 | 221.8912 | 227.9075 |
| July | 231.1262 | 220.7072 | 228.2964 |
| August | 230.3272 | 223.5182 | 228.0737 |
| September | 227.8355 | 223.6253 | 226.6855 |
| October | 229.1369 | 225.7560 | 226.9138 |
| November | 227.4758 | 224.8918 | 226.1404 |
| December | 227.3652 | 224.4934 | 225.5482 |