YEARLY HIGH
0.0912 PGK
YEARLY LOW
0.0829 PGK
YEARLY AVERAGE
0.0882 PGK

2016 MUR to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MUR to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on August 16, valuing the pair at 0.0912. Conversely, the yearly low was recorded on January 7, dropping to 0.0829.

This high-to-low spread represents a total annual volatility of 0.0083 PGK. From a start-to-finish perspective, comparing the January average rate of 0.0836 to the December average rate of 0.0883, the exchange rate registered a net change of 5.64% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0912 was up 8.59% compared to the 2015 peak of 0.0840, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 456 PGK
2015 Average 394 PGK
Yearly Trough Low 415 PGK
Transaction Impact: A difference of 41.73 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0908
0.0830
JanuMarcMayJulySeptNove

MUR 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 0.0871, compared to 0.0892 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0022 points.

H1 Avg (Jan–Jun) 0.0871
H2 Avg (Jul–Dec) 0.0892

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 0.0033 PGK (High: 0.0876 / Low: 0.0843). On the other end, July was the most stable month, with a tight range of 0.0011 PGK (High: 0.0898 / Low: 0.0887).

March Spread (Volatile) ±0.0033
July Spread (Stable) ±0.0011

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 September and October, when the average rate fell by 0.0008 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2016: 0.0902) against the same month in 2015 (average: 0.0784), the exchange rate shifted by +0.0117 (+14.94%).

2016 Avg (August) 0.0902
2015 Avg (August) 0.0784

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0842 0.0829 0.0836
February 0.0861 0.0839 0.0850
March 0.0876 0.0843 0.0861
April 0.0900 0.0877 0.0889
May 0.0903 0.0885 0.0898
June 0.0897 0.0880 0.0890
July 0.0898 0.0887 0.0894
August 0.0912 0.0892 0.0902
September 0.0906 0.0891 0.0898
October 0.0903 0.0881 0.0890
November 0.0896 0.0880 0.0887
December 0.0896 0.0879 0.0883