YEARLY HIGH
0.7404 TOP
YEARLY LOW
0.6760 TOP
YEARLY AVERAGE
0.7103 TOP

2017 PGK to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the PGK to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on May 6, valuing the pair at 0.7404. Conversely, the yearly low was recorded on August 6, dropping to 0.6760.

This high-to-low spread represents a total annual volatility of 0.0644 TOP. From a start-to-finish perspective, comparing the January average rate of 0.7246 to the December average rate of 0.7112, the exchange rate registered a net change of -1.85% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.7404 was down 3.86% compared to the 2016 peak of 0.7701, 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 3,702 TOP
2016 Average 3,597 TOP
Yearly Trough Low 3,380 TOP
Transaction Impact: A difference of 321.86 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.7318
0.6873
JanuMarcMayJulySeptNove

PGK to TOP 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 0.7194, compared to 0.7011 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0183 points.

H1 Avg (Jan–Jun) 0.7194
H2 Avg (Jul–Dec) 0.7011

Volatility Range Comparison

Volatility

The most volatile month in 2017 was May, with a trading range of 0.0372 TOP (High: 0.7404 / Low: 0.7031). On the other end, September was the most stable month, with a tight range of 0.0136 TOP (High: 0.6979 / Low: 0.6843).

May Spread (Volatile) ±0.0372
September Spread (Stable) ±0.0136

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 May and June, when the average rate fell by 0.0143 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0143

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2017: 0.7281) against the same month in 2016 (average: 0.7132), the exchange rate shifted by +0.0149 (+2.10%).

2017 Avg (May) 0.7281
2016 Avg (May) 0.7132

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7365 0.7156 0.7246
February 0.7249 0.7043 0.7146
March 0.7325 0.7084 0.7212
April 0.7273 0.6975 0.7141
May 0.7404 0.7031 0.7281
June 0.7268 0.6897 0.7138
July 0.7179 0.6832 0.7041
August 0.7080 0.6760 0.6929
September 0.6979 0.6843 0.6910
October 0.7080 0.6918 0.6997
November 0.7177 0.7010 0.7080
December 0.7209 0.7034 0.7112