2017 PGK to SYP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 PGK to SYP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the PGK to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on August 25, valuing the pair at 163.2753. Conversely, the yearly low was recorded on June 14, dropping to 65.1519.
This high-to-low spread represents a total annual volatility of 98.1233 SYP. From a start-to-finish perspective, comparing the January average rate of 67.3791 to the December average rate of 160.0822, the exchange rate registered a net change of 137.58% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 163.2753 was up 122.62% compared to the 2016 peak of 73.3411, 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 SYP 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 67.3430, compared to 140.7772 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 73.4342 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was August, with a trading range of 97.1198 SYP (High: 163.2753 / Low: 66.1555). On the other end, January was the most stable month, with a tight range of 1.1281 SYP (High: 67.8768 / Low: 66.7487).
Growth Streaks & Declines
TrendsBetween June and October, 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 March and April, when the average rate fell by 0.9650 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2017: 134.6461) against the same month in 2016 (average: 67.8688), the exchange rate shifted by +66.7773 (+98.39%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 67.8768 | 66.7487 | 67.3791 |
| February | 68.5001 | 67.1290 | 67.7941 |
| March | 68.3231 | 66.6272 | 67.6043 |
| April | 67.8194 | 65.1639 | 66.6394 |
| May | 67.8654 | 65.2203 | 67.3865 |
| June | 67.9770 | 65.1519 | 67.2545 |
| July | 68.2758 | 65.1934 | 67.5126 |
| August | 163.2753 | 66.1555 | 134.6461 |
| September | 161.7141 | 158.9639 | 160.8512 |
| October | 162.3573 | 160.1144 | 161.0014 |
| November | 161.3416 | 159.7335 | 160.5697 |
| December | 161.2514 | 159.2269 | 160.0822 |