YEARLY HIGH
0.9429 PGK
YEARLY LOW
0.8068 PGK
YEARLY AVERAGE
0.8759 PGK

2017 TRY to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the TRY to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on June 14, valuing the pair at 0.9429. Conversely, the yearly low was recorded on November 25, dropping to 0.8068.

This high-to-low spread represents a total annual volatility of 0.1361 PGK. From a start-to-finish perspective, comparing the January average rate of 0.8494 to the December average rate of 0.8381, the exchange rate registered a net change of -1.32% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.9429 was down 16.23% compared to the 2016 peak of 1.1256, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 47,146 PGK
2016 Average 51,925 PGK
Yearly Trough Low 40,339 PGK
Transaction Impact: A difference of 6,806.93 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.9326
0.8142
JanuMarcMayJulySeptNove

TRY 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 0.8760, compared to 0.8758 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.8760
H2 Avg (Jul–Dec) 0.8758

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 0.0895 PGK (High: 0.9043 / Low: 0.8148). On the other end, December was the most stable month, with a tight range of 0.0316 PGK (High: 0.8516 / Low: 0.8200).

January Spread (Volatile) ±0.0895
December Spread (Stable) ±0.0316

Growth Streaks & Declines

Trends

Between March and June, 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 September and October, when the average rate fell by 0.0532 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0532

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2017: 0.9059) against the same month in 2016 (average: 1.0834), the exchange rate shifted by -0.1775 (-16.39%).

2017 Avg (June) 0.9059
2016 Avg (June) 1.0834

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9043 0.8148 0.8494
February 0.8898 0.8432 0.8636
March 0.8877 0.8384 0.8635
April 0.9253 0.8643 0.8815
May 0.9167 0.8779 0.8918
June 0.9429 0.8922 0.9059
July 0.9085 0.8760 0.8933
August 0.9308 0.8937 0.9072
September 0.9406 0.8949 0.9227
October 0.9015 0.8402 0.8695
November 0.8445 0.8068 0.8240
December 0.8516 0.8200 0.8381