YEARLY HIGH
115.2921 NGN
YEARLY LOW
95.3677 NGN
YEARLY AVERAGE
104.5773 NGN

2017 PGK to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the PGK to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 15, valuing the pair at 115.2921. Conversely, the yearly low was recorded on March 20, dropping to 95.3677.

This high-to-low spread represents a total annual volatility of 19.9244 NGN. From a start-to-finish perspective, comparing the January average rate of 98.5701 to the December average rate of 111.8351, the exchange rate registered a net change of 13.46% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 115.2921 was up 4.85% compared to the 2016 peak of 109.9569, 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 576,461 NGN
2016 Average 410,428 NGN
Yearly Trough Low 476,839 NGN
Transaction Impact: A difference of 99,621.96 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

113.7401
96.5155
JanuMarcMayJulySeptNove

PGK to NGN 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 99.1260, compared to 110.0285 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 10.9025 points.

H1 Avg (Jan–Jun) 99.1260
H2 Avg (Jul–Dec) 110.0285

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 15.9625 NGN (High: 115.2921 / Low: 99.3296). On the other end, October was the most stable month, with a tight range of 1.1719 NGN (High: 112.8124 / Low: 111.6405).

August Spread (Volatile) ±15.9625
October Spread (Stable) ±1.1719

Growth Streaks & Declines

Trends

Between April and June, 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 1.0421 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.0421

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 112.2352) against the same month in 2016 (average: 101.8110), the exchange rate shifted by +10.4242 (+10.24%).

2017 Avg (August) 112.2352
2016 Avg (August) 101.8110

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 100.0063 95.7963 98.5701
February 101.4623 95.9386 99.7077
March 101.2079 95.3677 98.9930
April 99.9517 95.4975 97.9509
May 102.6327 96.6073 99.6630
June 110.3388 98.0474 99.8716
July 110.0834 96.4874 99.6837
August 115.2921 99.3296 112.2352
September 113.1562 109.8800 112.0244
October 112.8124 111.6405 112.3047
November 112.7870 110.4235 112.0878
December 112.7622 111.3206 111.8351