YEARLY HIGH
0.0677 PGK
YEARLY LOW
0.0404 PGK
YEARLY AVERAGE
0.0517 PGK

2016 MZN to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MZN to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 31, valuing the pair at 0.0677. Conversely, the yearly low was recorded on October 22, dropping to 0.0404.

This high-to-low spread represents a total annual volatility of 0.0273 PGK. From a start-to-finish perspective, comparing the January average rate of 0.0651 to the December average rate of 0.0435, the exchange rate registered a net change of -33.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0677 was down 16.56% compared to the 2015 peak of 0.0811, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 338 PGK
2015 Average 359 PGK
Yearly Trough Low 202 PGK
Transaction Impact: A difference of 136.36 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0675
0.0384
JanuMarcMayJulySeptNove

MZN 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 0.0598, compared to 0.0435 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0164 points.

H1 Avg (Jan–Jun) 0.0598
H2 Avg (Jul–Dec) 0.0435

Volatility Range Comparison

Volatility

The most volatile month in 2016 was February, with a trading range of 0.0061 PGK (High: 0.0676 / Low: 0.0615). On the other end, October was the most stable month, with a tight range of 0.0008 PGK (High: 0.0412 / Low: 0.0404).

February Spread (Volatile) ±0.0061
October Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0054 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0054

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.0651) against the same month in 2015 (average: 0.0794), the exchange rate shifted by -0.0143 (-18.03%).

2016 Avg (January) 0.0651
2015 Avg (January) 0.0794

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0677 0.0634 0.0651
February 0.0676 0.0615 0.0630
March 0.0640 0.0602 0.0612
April 0.0613 0.0590 0.0601
May 0.0593 0.0551 0.0576
June 0.0545 0.0499 0.0522
July 0.0499 0.0464 0.0483
August 0.0462 0.0434 0.0447
September 0.0433 0.0409 0.0418
October 0.0412 0.0404 0.0408
November 0.0427 0.0410 0.0417
December 0.0447 0.0424 0.0435