YEARLY HIGH
0.0590 PGK
YEARLY LOW
0.0526 PGK
YEARLY AVERAGE
0.0563 PGK

2016 MKD to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MKD to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 3, valuing the pair at 0.0590. Conversely, the yearly low was recorded on January 6, dropping to 0.0526.

This high-to-low spread represents a total annual volatility of 0.0064 PGK. From a start-to-finish perspective, comparing the January average rate of 0.0532 to the December average rate of 0.0544, the exchange rate registered a net change of 2.17% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0590 was up 9.62% compared to the 2015 peak of 0.0538, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 295 PGK
2015 Average 250 PGK
Yearly Trough Low 263 PGK
Transaction Impact: A difference of 31.80 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0583
0.0527
JanuMarcMayJulySeptNove

MKD 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 0.0560, compared to 0.0565 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0560
H2 Avg (Jul–Dec) 0.0565

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 0.0034 PGK (High: 0.0570 / Low: 0.0536). On the other end, September was the most stable month, with a tight range of 0.0008 PGK (High: 0.0581 / Low: 0.0573).

March Spread (Volatile) ±0.0034
September Spread (Stable) ±0.0008

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 0.0013 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 0.0578) against the same month in 2015 (average: 0.0490), the exchange rate shifted by +0.0088 (+18.05%).

2016 Avg (May) 0.0578
2015 Avg (May) 0.0490

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0536 0.0526 0.0532
February 0.0559 0.0536 0.0548
March 0.0570 0.0536 0.0554
April 0.0579 0.0567 0.0574
May 0.0590 0.0565 0.0578
June 0.0586 0.0562 0.0577
July 0.0577 0.0562 0.0569
August 0.0584 0.0569 0.0576
September 0.0581 0.0573 0.0577
October 0.0580 0.0560 0.0569
November 0.0573 0.0545 0.0557
December 0.0557 0.0535 0.0544