2016 KWD to PGK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 KWD to PGK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the KWD to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 22, valuing the pair at 10.5921. Conversely, the yearly low was recorded on January 13, dropping to 9.8697.
This high-to-low spread represents a total annual volatility of 0.7224 PGK. From a start-to-finish perspective, comparing the January average rate of 9.9170 to the December average rate of 10.3884, the exchange rate registered a net change of 4.75% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 10.5921 was up 6.66% compared to the 2015 peak of 9.9305, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 KWD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
KWD to PGK Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 10.2530, compared to 10.4672 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2142 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was February, with a trading range of 0.2685 PGK (High: 10.2554 / Low: 9.9869). On the other end, August was the most stable month, with a tight range of 0.0614 PGK (High: 10.5399 / Low: 10.4785).
Growth Streaks & Declines
TrendsBetween January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0520 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2016: 10.5185) against the same month in 2015 (average: 9.3777), the exchange rate shifted by +1.1408 (+12.17%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 10.0355 | 9.8697 | 9.9170 |
| February | 10.2554 | 9.9869 | 10.1369 |
| March | 10.2364 | 10.0626 | 10.1738 |
| April | 10.4463 | 10.2232 | 10.3478 |
| May | 10.5516 | 10.2900 | 10.4701 |
| June | 10.5141 | 10.3346 | 10.4725 |
| July | 10.5330 | 10.4037 | 10.4753 |
| August | 10.5399 | 10.4785 | 10.5022 |
| September | 10.5921 | 10.4604 | 10.5185 |
| October | 10.5757 | 10.4140 | 10.4786 |
| November | 10.5376 | 10.3623 | 10.4404 |
| December | 10.5564 | 10.3307 | 10.3884 |