YEARLY HIGH
2.7387 NOK
YEARLY LOW
2.4152 NOK
YEARLY AVERAGE
2.5925 NOK

2017 PGK to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the PGK to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 21, valuing the pair at 2.7387. Conversely, the yearly low was recorded on September 8, dropping to 2.4152.

This high-to-low spread represents a total annual volatility of 0.3236 NOK. From a start-to-finish perspective, comparing the January average rate of 2.6648 to the December average rate of 2.5835, the exchange rate registered a net change of -3.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 2.7387 was down 8.02% compared to the 2016 peak of 2.9776, 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 13,694 NOK
2016 Average 13,421 NOK
Yearly Trough Low 12,076 NOK
Transaction Impact: A difference of 1,617.89 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2.7063
2.4224
JanuMarcMayJulySeptNove

PGK to NOK 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 2.6634, compared to 2.5215 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1419 points.

H1 Avg (Jan–Jun) 2.6634
H2 Avg (Jul–Dec) 2.5215

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.1546 NOK (High: 2.6524 / Low: 2.4977). On the other end, December was the most stable month, with a tight range of 0.0667 NOK (High: 2.6205 / Low: 2.5537).

July Spread (Volatile) ±0.1546
December Spread (Stable) ±0.0667

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0876 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0876

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2017: 2.6722) against the same month in 2016 (average: 2.6355), the exchange rate shifted by +0.0368 (+1.39%).

2017 Avg (April) 2.6722
2016 Avg (April) 2.6355

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.7239 2.6044 2.6648
February 2.6654 2.5827 2.6346
March 2.7301 2.6363 2.6826
April 2.7387 2.6109 2.6722
May 2.7290 2.6008 2.6722
June 2.6913 2.5622 2.6542
July 2.6524 2.4977 2.5676
August 2.5191 2.4165 2.4800
September 2.4829 2.4152 2.4461
October 2.5503 2.4640 2.5006
November 2.6025 2.5262 2.5513
December 2.6205 2.5537 2.5835