YEARLY HIGH
0.0485 PGK
YEARLY LOW
0.0436 PGK
YEARLY AVERAGE
0.0462 PGK

2016 AFN to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the AFN to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 12, valuing the pair at 0.0485. Conversely, the yearly low was recorded on February 21, dropping to 0.0436.

This high-to-low spread represents a total annual volatility of 0.0048 PGK. From a start-to-finish perspective, comparing the January average rate of 0.0440 to the December average rate of 0.0478, the exchange rate registered a net change of 8.66% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0485 was up 3.76% compared to the 2015 peak of 0.0467, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 242 PGK
2015 Average 226 PGK
Yearly Trough Low 218 PGK
Transaction Impact: A difference of 24.24 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0485
0.0435
JanuMarcMayJulySeptNove

AFN 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 0.0450, compared to 0.0474 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0024 points.

H1 Avg (Jan–Jun) 0.0450
H2 Avg (Jul–Dec) 0.0474

Volatility Range Comparison

Volatility

The most volatile month in 2016 was August, with a trading range of 0.0022 PGK (High: 0.0483 / Low: 0.0461). On the other end, July was the most stable month, with a tight range of 0.0005 PGK (High: 0.0463 / Low: 0.0458).

August Spread (Volatile) ±0.0022
July Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0003 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2016: 0.0481) against the same month in 2015 (average: 0.0449), the exchange rate shifted by +0.0032 (+7.09%).

2016 Avg (October) 0.0481
2015 Avg (October) 0.0449

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0444 0.0437 0.0440
February 0.0448 0.0436 0.0441
March 0.0451 0.0441 0.0447
April 0.0461 0.0450 0.0456
May 0.0464 0.0454 0.0460
June 0.0464 0.0452 0.0457
July 0.0463 0.0458 0.0461
August 0.0483 0.0461 0.0471
September 0.0483 0.0468 0.0475
October 0.0485 0.0479 0.0481
November 0.0483 0.0474 0.0478
December 0.0485 0.0474 0.0478