YEARLY HIGH
0.0258 PGK
YEARLY LOW
0.0245 PGK
YEARLY AVERAGE
0.0250 PGK

2016 JMD to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the JMD to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 3, valuing the pair at 0.0258. Conversely, the yearly low was recorded on December 2, dropping to 0.0245.

This high-to-low spread represents a total annual volatility of 0.0014 PGK. From a start-to-finish perspective, comparing the January average rate of 0.0250 to the December average rate of 0.0246, the exchange rate registered a net change of -1.63% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0258 was up 2.98% compared to the 2015 peak of 0.0251, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 129 PGK
2015 Average 118 PGK
Yearly Trough Low 122 PGK
Transaction Impact: A difference of 6.78 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0257
0.0245
JanuMarcMayJulySeptNove

JMD 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 0.0253, compared to 0.0248 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0253
H2 Avg (Jul–Dec) 0.0248

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.0008 PGK (High: 0.0258 / Low: 0.0250). On the other end, August was the most stable month, with a tight range of 0.0002 PGK (High: 0.0251 / Low: 0.0249).

May Spread (Volatile) ±0.0008
August Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between January and April, 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 May and June, when the average rate fell by 0.0003 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 0.0255) against the same month in 2015 (average: 0.0234), the exchange rate shifted by +0.0021 (+9.14%).

2016 Avg (May) 0.0255
2015 Avg (May) 0.0234

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0251 0.0249 0.0250
February 0.0253 0.0249 0.0251
March 0.0254 0.0249 0.0252
April 0.0258 0.0253 0.0256
May 0.0258 0.0250 0.0255
June 0.0254 0.0249 0.0252
July 0.0252 0.0249 0.0250
August 0.0251 0.0249 0.0250
September 0.0251 0.0248 0.0249
October 0.0249 0.0245 0.0247
November 0.0247 0.0245 0.0246
December 0.0249 0.0245 0.0246