YEARLY HIGH
0.0027 PGK
YEARLY LOW
0.0023 PGK
YEARLY AVERAGE
0.0025 PGK

2016 MMK to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MMK to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 3, valuing the pair at 0.0027. Conversely, the yearly low was recorded on December 22, dropping to 0.0023.

This high-to-low spread represents a total annual volatility of 0.0004 PGK. From a start-to-finish perspective, comparing the January average rate of 0.0023 to the December average rate of 0.0024, the exchange rate registered a net change of 1.37% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0027 was up 1.15% compared to the 2015 peak of 0.0027, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 14 PGK
2015 Average 13 PGK
Yearly Trough Low 11 PGK
Transaction Impact: A difference of 2.15 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0027
0.0023
JanuMarcMayJulySeptNove

MMK 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 0.0025, compared to 0.0025 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0025
H2 Avg (Jul–Dec) 0.0025

Volatility Range Comparison

Volatility

The most volatile month in 2016 was April, with a trading range of 0.0002 PGK (High: 0.0027 / Low: 0.0025). On the other end, January was the most stable month, with a tight range of 0.0000 PGK (High: 0.0023 / Low: 0.0023).

April Spread (Volatile) ±0.0002
January Spread (Stable) ±0.0000

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 0.0001 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 0.0027) against the same month in 2015 (average: 0.0025), the exchange rate shifted by +0.0002 (+8.41%).

2016 Avg (May) 0.0027
2015 Avg (May) 0.0025

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0023 0.0023 0.0023
February 0.0025 0.0023 0.0024
March 0.0026 0.0024 0.0025
April 0.0027 0.0025 0.0026
May 0.0027 0.0026 0.0027
June 0.0027 0.0026 0.0027
July 0.0027 0.0027 0.0027
August 0.0027 0.0026 0.0027
September 0.0026 0.0025 0.0026
October 0.0025 0.0025 0.0025
November 0.0025 0.0024 0.0024
December 0.0024 0.0023 0.0024