2017 PGK to ZMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 PGK to ZMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the PGK to ZMK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 15, valuing the pair at 1674.1623. Conversely, the yearly low was recorded on June 14, dropping to 0.3040.
This high-to-low spread represents a total annual volatility of 1673.8584 ZMK. From a start-to-finish perspective, comparing the January average rate of 1279.7097 to the December average rate of 0.3108, the exchange rate registered a net change of -99.98% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 1674.1623 was down 4.35% compared to the 2016 peak of 1750.2958, 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 ZMK 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 995.1551, compared to 0.3128 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 994.8423 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was January, with a trading range of 1670.9188 ZMK (High: 1671.2323 / Low: 0.3135). On the other end, November was the most stable month, with a tight range of 0.0031 ZMK (High: 0.3133 / Low: 0.3102).
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 April and May, when the average rate fell by 942.2420 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2017: 1656.6982) against the same month in 2016 (average: 1714.4917), the exchange rate shifted by -57.7935 (-3.37%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1671.2323 | 0.3135 | 1279.7097 |
| February | 1669.5891 | 0.3134 | 709.9624 |
| March | 1674.1623 | 1632.5313 | 1656.6982 |
| April | 1662.1010 | 1596.6027 | 1633.2441 |
| May | 1663.3336 | 0.3101 | 691.0021 |
| June | 0.3171 | 0.3040 | 0.3138 |
| July | 0.3185 | 0.3042 | 0.3149 |
| August | 0.3171 | 0.3082 | 0.3144 |
| September | 0.3140 | 0.3086 | 0.3123 |
| October | 0.3153 | 0.3109 | 0.3126 |
| November | 0.3133 | 0.3102 | 0.3118 |
| December | 0.3131 | 0.3092 | 0.3108 |