YEARLY HIGH
0.4622 PGK
YEARLY LOW
0.4348 PGK
YEARLY AVERAGE
0.4539 PGK

2016 BOB to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the BOB to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 8, valuing the pair at 0.4622. Conversely, the yearly low was recorded on January 6, dropping to 0.4348.

This high-to-low spread represents a total annual volatility of 0.0274 PGK. From a start-to-finish perspective, comparing the January average rate of 0.4365 to the December average rate of 0.4586, the exchange rate registered a net change of 5.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.4622 was up 5.99% compared to the 2015 peak of 0.4361, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,311 PGK
2015 Average 2,003 PGK
Yearly Trough Low 2,174 PGK
Transaction Impact: A difference of 137.04 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.4612
0.4342
JanuMarcMayJulySeptNove

BOB 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 0.4493, compared to 0.4584 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0091 points.

H1 Avg (Jan–Jun) 0.4493
H2 Avg (Jul–Dec) 0.4584

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 0.0108 PGK (High: 0.4530 / Low: 0.4422). On the other end, August was the most stable month, with a tight range of 0.0021 PGK (High: 0.4587 / Low: 0.4566).

March Spread (Volatile) ±0.0108
August Spread (Stable) ±0.0021

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0012 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.4586) against the same month in 2015 (average: 0.4324), the exchange rate shifted by +0.0262 (+6.06%).

2016 Avg (December) 0.4586
2015 Avg (December) 0.4324

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4402 0.4348 0.4365
February 0.4467 0.4378 0.4410
March 0.4530 0.4422 0.4481
April 0.4564 0.4486 0.4540
May 0.4597 0.4492 0.4578
June 0.4610 0.4541 0.4585
July 0.4610 0.4548 0.4590
August 0.4587 0.4566 0.4578
September 0.4616 0.4566 0.4583
October 0.4615 0.4564 0.4584
November 0.4613 0.4577 0.4586
December 0.4622 0.4566 0.4586