2017 PGK to THB Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 PGK to THB Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the PGK to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 11.3491. Conversely, the yearly low was recorded on December 17, dropping to 10.0582.
This high-to-low spread represents a total annual volatility of 1.2909 THB. From a start-to-finish perspective, comparing the January average rate of 11.1635 to the December average rate of 10.1430, the exchange rate registered a net change of -9.14% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 11.3491 was down 6.12% compared to the 2016 peak of 12.0895, 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 THB 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 10.9085, compared to 10.3701 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5383 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was June, with a trading range of 0.4900 THB (High: 10.7883 / Low: 10.2983). On the other end, December was the most stable month, with a tight range of 0.1394 THB (High: 10.1975 / Low: 10.0582).
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 0.2850 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2017: 11.1635) against the same month in 2016 (average: 11.9824), the exchange rate shifted by -0.8189 (-6.83%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 11.3491 | 11.0360 | 11.1635 |
| February | 11.1848 | 10.9373 | 11.0722 |
| March | 11.2249 | 10.7670 | 11.0029 |
| April | 10.8938 | 10.4642 | 10.7180 |
| May | 10.9751 | 10.5578 | 10.8278 |
| June | 10.7883 | 10.2983 | 10.6663 |
| July | 10.7584 | 10.3770 | 10.6158 |
| August | 10.5457 | 10.2528 | 10.4543 |
| September | 10.4339 | 10.2123 | 10.3570 |
| October | 10.4880 | 10.3184 | 10.3883 |
| November | 10.3589 | 10.1090 | 10.2624 |
| December | 10.1975 | 10.0582 | 10.1430 |