YEARLY HIGH
1.4908 PGK
YEARLY LOW
1.1326 PGK
YEARLY AVERAGE
1.3288 PGK

2016 GEL to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the GEL to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on June 7, valuing the pair at 1.4908. Conversely, the yearly low was recorded on December 21, dropping to 1.1326.

This high-to-low spread represents a total annual volatility of 0.3582 PGK. From a start-to-finish perspective, comparing the January average rate of 1.2378 to the December average rate of 1.1971, the exchange rate registered a net change of -3.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.4908 was down 1.69% compared to the 2015 peak of 1.5164, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,454 PGK
2015 Average 6,329 PGK
Yearly Trough Low 5,663 PGK
Transaction Impact: A difference of 1,791.12 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.4730
1.1720
JanuMarcMayJulySeptNove

GEL 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 1.3378, compared to 1.3197 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0181 points.

H1 Avg (Jan–Jun) 1.3378
H2 Avg (Jul–Dec) 1.3197

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.1559 PGK (High: 1.4908 / Low: 1.3348). On the other end, July was the most stable month, with a tight range of 0.0263 PGK (High: 1.3669 / Low: 1.3406).

June Spread (Volatile) ±0.1559
July Spread (Stable) ±0.0263

Growth Streaks & Declines

Trends

Between February and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0899 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0899

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2016: 1.4418) against the same month in 2015 (average: 1.2086), the exchange rate shifted by +0.2332 (+19.29%).

2016 Avg (June) 1.4418
2015 Avg (June) 1.2086

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.2564 1.2110 1.2378
February 1.2462 1.2125 1.2245
March 1.3395 1.2249 1.2911
April 1.4148 1.3432 1.3839
May 1.4792 1.3938 1.4479
June 1.4908 1.3348 1.4418
July 1.3669 1.3406 1.3518
August 1.3946 1.3458 1.3667
September 1.3845 1.3561 1.3727
October 1.3680 1.3263 1.3460
November 1.3228 1.2468 1.2838
December 1.2494 1.1326 1.1971