YEARLY HIGH
2.5143 PGK
YEARLY LOW
2.0671 PGK
YEARLY AVERAGE
2.3654 PGK

2016 CAD to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the CAD to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 2.5143. Conversely, the yearly low was recorded on January 19, dropping to 2.0671.

This high-to-low spread represents a total annual volatility of 0.4472 PGK. From a start-to-finish perspective, comparing the January average rate of 2.1258 to the December average rate of 2.3773, the exchange rate registered a net change of 11.83% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 2.5143 was up 11.24% compared to the 2015 peak of 2.2602, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,572 PGK
2015 Average 10,820 PGK
Yearly Trough Low 10,336 PGK
Transaction Impact: A difference of 2,235.93 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

2.4819
2.0934
JanuMarcMayJulySeptNove

CAD 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 2.3286, compared to 2.4023 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0737 points.

H1 Avg (Jan–Jun) 2.3286
H2 Avg (Jul–Dec) 2.4023

Volatility Range Comparison

Volatility

The most volatile month in 2016 was April, with a trading range of 0.1593 PGK (High: 2.5099 / Low: 2.3506). On the other end, November was the most stable month, with a tight range of 0.0401 PGK (High: 2.3821 / Low: 2.3419).

April Spread (Volatile) ±0.1593
November Spread (Stable) ±0.0401

Growth Streaks & Declines

Trends

Between 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 October and November, when the average rate fell by 0.0346 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0346

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 2.4396) against the same month in 2015 (average: 2.2187), the exchange rate shifted by +0.2209 (+9.96%).

2016 Avg (May) 2.4396
2015 Avg (May) 2.2187

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.1804 2.0671 2.1258
February 2.2744 2.1626 2.2048
March 2.3784 2.2549 2.3180
April 2.5099 2.3506 2.4336
May 2.5143 2.3936 2.4396
June 2.4903 2.3970 2.4495
July 2.4567 2.3957 2.4283
August 2.4761 2.4047 2.4364
September 2.4700 2.3923 2.4216
October 2.4182 2.3565 2.3923
November 2.3821 2.3419 2.3577
December 2.4356 2.3287 2.3773