YEARLY HIGH
0.0020 PGK
YEARLY LOW
0.0019 PGK
YEARLY AVERAGE
0.0019 PGK

2016 BIF to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the BIF to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on June 7, valuing the pair at 0.0020. Conversely, the yearly low was recorded on June 26, dropping to 0.0019.

This high-to-low spread represents a total annual volatility of 0.0002 PGK. From a start-to-finish perspective, comparing the January average rate of 0.0019 to the December average rate of 0.0019, the exchange rate registered a net change of -1.89% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0020 was up 4.82% compared to the 2015 peak of 0.0019, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10 PGK
2015 Average 9 PGK
Yearly Trough Low 9 PGK
Transaction Impact: A difference of 0.92 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0020
0.0019
JanuMarcMayJulySeptNove

BIF 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 0.0020, compared to 0.0019 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) 0.0020
H2 Avg (Jul–Dec) 0.0019

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0002 PGK (High: 0.0020 / Low: 0.0019). On the other end, November was the most stable month, with a tight range of 0.0000 PGK (High: 0.0019 / Low: 0.0019).

June Spread (Volatile) ±0.0002
November Spread (Stable) ±0.0000

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 June and July, when the average rate fell by 0.0001 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2016: 0.0020) against the same month in 2015 (average: 0.0017), the exchange rate shifted by +0.0002 (+12.99%).

2016 Avg (June) 0.0020
2015 Avg (June) 0.0017

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0019 0.0019 0.0019
February 0.0020 0.0019 0.0019
March 0.0020 0.0019 0.0020
April 0.0020 0.0020 0.0020
May 0.0020 0.0020 0.0020
June 0.0020 0.0019 0.0020
July 0.0019 0.0019 0.0019
August 0.0019 0.0019 0.0019
September 0.0019 0.0019 0.0019
October 0.0019 0.0019 0.0019
November 0.0019 0.0019 0.0019
December 0.0019 0.0019 0.0019