YEARLY HIGH
0.4614 NZD
YEARLY LOW
0.4154 NZD
YEARLY AVERAGE
0.4412 NZD

2017 PGK to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the PGK to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 12, valuing the pair at 0.4614. Conversely, the yearly low was recorded on August 5, dropping to 0.4154.

This high-to-low spread represents a total annual volatility of 0.0461 NZD. From a start-to-finish perspective, comparing the January average rate of 0.4422 to the December average rate of 0.4462, the exchange rate registered a net change of 0.92% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.4614 was down 11.07% compared to the 2016 peak of 0.5189, 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 2,307 NZD
2016 Average 2,295 NZD
Yearly Trough Low 2,077 NZD
Transaction Impact: A difference of 230.45 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.4553
0.4248
JanuMarcMayJulySeptNove

PGK to NZD 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 0.4439, compared to 0.4385 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0054 points.

H1 Avg (Jan–Jun) 0.4439
H2 Avg (Jul–Dec) 0.4385

Volatility Range Comparison

Volatility

The most volatile month in 2017 was June, with a trading range of 0.0262 NZD (High: 0.4456 / Low: 0.4194). On the other end, November was the most stable month, with a tight range of 0.0095 NZD (High: 0.4579 / Low: 0.4485).

June Spread (Volatile) ±0.0262
November Spread (Stable) ±0.0095

Growth Streaks & Declines

Trends

Between July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0183 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0183

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2017: 0.4526) against the same month in 2016 (average: 0.4661), the exchange rate shifted by -0.0135 (-2.90%).

2017 Avg (May) 0.4526
2016 Avg (May) 0.4661

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4554 0.4308 0.4422
February 0.4438 0.4304 0.4381
March 0.4588 0.4410 0.4504
April 0.4569 0.4324 0.4459
May 0.4614 0.4398 0.4526
June 0.4456 0.4194 0.4343
July 0.4346 0.4177 0.4273
August 0.4384 0.4154 0.4303
September 0.4369 0.4228 0.4308
October 0.4556 0.4311 0.4438
November 0.4579 0.4485 0.4528
December 0.4557 0.4382 0.4462