YEARLY HIGH
0.0159 PGK
YEARLY LOW
0.0091 PGK
YEARLY AVERAGE
0.0127 PGK

2016 NGN to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NGN to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on June 7, valuing the pair at 0.0159. Conversely, the yearly low was recorded on August 22, dropping to 0.0091.

This high-to-low spread represents a total annual volatility of 0.0069 PGK. From a start-to-finish perspective, comparing the January average rate of 0.0151 to the December average rate of 0.0101, the exchange rate registered a net change of -33.44% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0159 was up 5.44% compared to the 2015 peak of 0.0151, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 NGN based on timing:

Yearly Peak High 15,948 PGK
2015 Average 13,982 PGK
Yearly Trough Low 9,094 PGK
Transaction Impact: A difference of 6,853.39 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0165
0.0092
JanuMarcMayJulySeptNove

NGN 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 0.0153, compared to 0.0102 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0051 points.

H1 Avg (Jan–Jun) 0.0153
H2 Avg (Jul–Dec) 0.0102

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0049 PGK (High: 0.0159 / Low: 0.0111). On the other end, September was the most stable month, with a tight range of 0.0002 PGK (High: 0.0102 / Low: 0.0101).

June Spread (Volatile) ±0.0049
September Spread (Stable) ±0.0002

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 June and July, when the average rate fell by 0.0036 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0036

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2016: 0.0145) against the same month in 2015 (average: 0.0137), the exchange rate shifted by +0.0007 (+5.41%).

2016 Avg (June) 0.0145
2015 Avg (June) 0.0137

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0153 0.0151 0.0151
February 0.0154 0.0152 0.0153
March 0.0155 0.0152 0.0154
April 0.0158 0.0155 0.0157
May 0.0159 0.0156 0.0159
June 0.0159 0.0111 0.0145
July 0.0112 0.0099 0.0108
August 0.0102 0.0091 0.0098
September 0.0102 0.0101 0.0101
October 0.0103 0.0100 0.0101
November 0.0102 0.0100 0.0101
December 0.0104 0.0100 0.0101