2017 PGK to YER Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 PGK to YER Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the PGK to YER exchange rate experienced significant fluctuation. The market reached its absolute peak on February 8, valuing the pair at 79.9118. Conversely, the yearly low was recorded on April 7, dropping to 76.0754.
This high-to-low spread represents a total annual volatility of 3.8364 YER. From a start-to-finish perspective, comparing the January average rate of 78.7523 to the December average rate of 77.8027, the exchange rate registered a net change of -1.21% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 79.9118 was down 1.15% compared to the 2016 peak of 80.8414, 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 YER 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 78.6173, compared to 78.2923 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3249 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was July, with a trading range of 3.6037 YER (High: 79.7406 / Low: 76.1369). On the other end, November was the most stable month, with a tight range of 0.7894 YER (High: 78.4188 / Low: 77.6294).
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 1.0006 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2017: 79.0936) against the same month in 2016 (average: 70.7265), the exchange rate shifted by +8.3671 (+11.83%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 79.5821 | 77.9558 | 78.7523 |
| February | 79.9118 | 78.3352 | 79.0936 |
| March | 79.3997 | 77.4163 | 78.8223 |
| April | 79.1804 | 76.0754 | 77.8217 |
| May | 79.2550 | 76.1583 | 78.6841 |
| June | 79.3852 | 76.0794 | 78.5295 |
| July | 79.7406 | 76.1369 | 78.8110 |
| August | 79.3698 | 77.1324 | 78.6685 |
| September | 78.5991 | 77.2687 | 78.1764 |
| October | 78.9148 | 77.8301 | 78.2596 |
| November | 78.4188 | 77.6294 | 78.0356 |
| December | 78.3602 | 77.3785 | 77.8027 |