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2016 PHP to PGK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the PHP to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on June 8, valuing the pair at 0.0689. Conversely, the yearly low was recorded on January 26, dropping to 0.0627.
This high-to-low spread represents a total annual volatility of 0.0062 PGK. From a start-to-finish perspective, comparing the January average rate of 0.0635 to the December average rate of 0.0638, the exchange rate registered a net change of 0.48% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 0.0689 was up 7.25% compared to the 2015 peak of 0.0642, indicating shifts in long-term support levels.
Comparing the value generated converting 250,000 PHP based on timing:
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PHP to PGK 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: JanâJun) was 0.0660, compared to 0.0659 in the second half (H2: JulâDec). This shows that the rate was stronger in the first half (JanâJun) by a margin of 0.0000 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was March, with a trading range of 0.0030 PGK (High: 0.0672 / Low: 0.0642). On the other end, October was the most stable month, with a tight range of 0.0010 PGK (High: 0.0661 / Low: 0.0651).
Growth Streaks & Declines
TrendsBetween January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0012 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2016: 0.0680) against the same month in 2015 (average: 0.0606), the exchange rate shifted by +0.0074 (+12.24%).
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| Month | High | Low | Average |
|---|---|---|---|
| January | 0.0642 | 0.0627 | 0.0635 |
| February | 0.0648 | 0.0630 | 0.0638 |
| March | 0.0672 | 0.0642 | 0.0658 |
| April | 0.0678 | 0.0667 | 0.0674 |
| May | 0.0680 | 0.0660 | 0.0674 |
| June | 0.0689 | 0.0664 | 0.0680 |
| July | 0.0680 | 0.0666 | 0.0673 |
| August | 0.0684 | 0.0673 | 0.0679 |
| September | 0.0680 | 0.0655 | 0.0667 |
| October | 0.0661 | 0.0651 | 0.0656 |
| November | 0.0656 | 0.0635 | 0.0644 |
| December | 0.0648 | 0.0634 | 0.0638 |