YEARLY HIGH
0.8091 PGK
YEARLY LOW
0.6796 PGK
YEARLY AVERAGE
0.7569 PGK

2016 MYR to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MYR to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 28, valuing the pair at 0.8091. Conversely, the yearly low was recorded on January 10, dropping to 0.6796.

This high-to-low spread represents a total annual volatility of 0.1295 PGK. From a start-to-finish perspective, comparing the January average rate of 0.6963 to the December average rate of 0.7118, the exchange rate registered a net change of 2.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.8091 was up 6.49% compared to the 2015 peak of 0.7598, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 MYR based on timing:

Yearly Peak High 16,182 PGK
2015 Average 14,212 PGK
Yearly Trough Low 13,593 PGK
Transaction Impact: A difference of 2,589.82 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.8110
0.6859
JanuMarcMayJulySeptNove

MYR 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 0.7558, compared to 0.7580 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) 0.7558
H2 Avg (Jul–Dec) 0.7580

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 0.0638 PGK (High: 0.7937 / Low: 0.7300). On the other end, August was the most stable month, with a tight range of 0.0178 PGK (High: 0.7947 / Low: 0.7769).

March Spread (Volatile) ±0.0638
August Spread (Stable) ±0.0178

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 October and November, when the average rate fell by 0.0287 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0287

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2016: 0.8006) against the same month in 2015 (average: 0.7378), the exchange rate shifted by +0.0628 (+8.51%).

2016 Avg (April) 0.8006
2015 Avg (April) 0.7378

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7356 0.6796 0.6963
February 0.7377 0.7177 0.7276
March 0.7937 0.7300 0.7544
April 0.8091 0.7860 0.8006
May 0.8046 0.7600 0.7813
June 0.7916 0.7614 0.7747
July 0.8042 0.7741 0.7879
August 0.7947 0.7769 0.7867
September 0.7847 0.7638 0.7716
October 0.7709 0.7507 0.7593
November 0.7570 0.7081 0.7306
December 0.7274 0.7058 0.7118