YEARLY HIGH
0.0331 PGK
YEARLY LOW
0.0294 PGK
YEARLY AVERAGE
0.0314 PGK

2016 CVE to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the CVE to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 3, valuing the pair at 0.0331. Conversely, the yearly low was recorded on January 5, dropping to 0.0294.

This high-to-low spread represents a total annual volatility of 0.0038 PGK. From a start-to-finish perspective, comparing the January average rate of 0.0297 to the December average rate of 0.0303, the exchange rate registered a net change of 2.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0331 was up 10.13% compared to the 2015 peak of 0.0301, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 166 PGK
2015 Average 139 PGK
Yearly Trough Low 147 PGK
Transaction Impact: A difference of 18.75 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0327
0.0294
JanuMarcMayJulySeptNove

CVE 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 0.0313, compared to 0.0316 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0313
H2 Avg (Jul–Dec) 0.0316

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 0.0018 PGK (High: 0.0317 / Low: 0.0299). On the other end, January was the most stable month, with a tight range of 0.0006 PGK (High: 0.0299 / Low: 0.0294).

March Spread (Volatile) ±0.0018
January Spread (Stable) ±0.0006

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 November and December, when the average rate fell by 0.0007 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 0.0324) against the same month in 2015 (average: 0.0274), the exchange rate shifted by +0.0050 (+18.32%).

2016 Avg (May) 0.0324
2015 Avg (May) 0.0274

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0299 0.0294 0.0297
February 0.0312 0.0299 0.0306
March 0.0317 0.0299 0.0309
April 0.0326 0.0318 0.0321
May 0.0331 0.0316 0.0324
June 0.0327 0.0314 0.0322
July 0.0322 0.0314 0.0318
August 0.0326 0.0319 0.0322
September 0.0326 0.0320 0.0322
October 0.0324 0.0312 0.0317
November 0.0319 0.0304 0.0311
December 0.0311 0.0298 0.0303