YEARLY HIGH
0.9037 PGK
YEARLY LOW
0.8186 PGK
YEARLY AVERAGE
0.8676 PGK

2017 QAR to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the QAR to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 7, valuing the pair at 0.9037. Conversely, the yearly low was recorded on November 21, dropping to 0.8186.

This high-to-low spread represents a total annual volatility of 0.0851 PGK. From a start-to-finish perspective, comparing the January average rate of 0.8724 to the December average rate of 0.8770, the exchange rate registered a net change of 0.53% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.9037 was up 2.25% compared to the 2016 peak of 0.8837, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 QAR based on timing:

Yearly Peak High 4,518 PGK
2016 Average 4,300 PGK
Yearly Trough Low 4,093 PGK
Transaction Impact: A difference of 425.49 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.8875
0.8388
JanuMarcMayJulySeptNove

QAR to PGK 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 0.8726, compared to 0.8626 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0100 points.

H1 Avg (Jan–Jun) 0.8726
H2 Avg (Jul–Dec) 0.8626

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.0640 PGK (High: 0.8825 / Low: 0.8186). On the other end, February was the most stable month, with a tight range of 0.0174 PGK (High: 0.8768 / Low: 0.8594).

November Spread (Volatile) ±0.0640
February Spread (Stable) ±0.0174

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0126 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0126

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2017: 0.8834) against the same month in 2016 (average: 0.8574), the exchange rate shifted by +0.0260 (+3.03%).

2017 Avg (April) 0.8834
2016 Avg (April) 0.8574

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8817 0.8632 0.8724
February 0.8768 0.8594 0.8684
March 0.8835 0.8615 0.8707
April 0.9037 0.8680 0.8834
May 0.9026 0.8673 0.8737
June 0.8989 0.8351 0.8670
July 0.9029 0.8485 0.8662
August 0.8849 0.8570 0.8694
September 0.8860 0.8584 0.8649
October 0.8811 0.8336 0.8554
November 0.8825 0.8186 0.8429
December 0.8879 0.8660 0.8770