2017 PGK to XOF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 PGK to XOF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the PGK to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 198.3807. Conversely, the yearly low was recorded on September 18, dropping to 169.2790.
This high-to-low spread represents a total annual volatility of 29.1016 XOF. From a start-to-finish perspective, comparing the January average rate of 194.8308 to the December average rate of 172.1898, the exchange rate registered a net change of -11.62% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 198.3807 was down 2.49% compared to the 2016 peak of 203.4378, 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 XOF 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 190.8640, compared to 174.4410 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 16.4230 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was April, with a trading range of 10.3305 XOF (High: 194.0736 / Low: 183.7431). On the other end, October was the most stable month, with a tight range of 3.5224 XOF (High: 176.3219 / Low: 172.7995).
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 July and August, when the average rate fell by 4.8850 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2017: 194.8308) against the same month in 2016 (average: 201.3578), the exchange rate shifted by -6.5270 (-3.24%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 198.3807 | 191.7718 | 194.8308 |
| February | 197.9454 | 192.1411 | 195.4190 |
| March | 197.4318 | 190.4949 | 194.1075 |
| April | 194.0736 | 183.7431 | 190.5474 |
| May | 190.4314 | 182.1437 | 186.6880 |
| June | 185.6553 | 178.0806 | 183.5915 |
| July | 183.0885 | 175.4520 | 179.3608 |
| August | 176.7930 | 170.3664 | 174.4757 |
| September | 174.3509 | 169.2790 | 171.9558 |
| October | 176.3219 | 172.7995 | 174.5091 |
| November | 176.6999 | 171.0205 | 174.1551 |
| December | 173.8281 | 170.0678 | 172.1898 |