YEARLY HIGH
0.3977 PGK
YEARLY LOW
0.3358 PGK
YEARLY AVERAGE
0.3731 PGK

2016 NOK to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NOK to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 0.3977. Conversely, the yearly low was recorded on January 6, dropping to 0.3358.

This high-to-low spread represents a total annual volatility of 0.0619 PGK. From a start-to-finish perspective, comparing the January average rate of 0.3423 to the December average rate of 0.3703, the exchange rate registered a net change of 8.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.3977 was up 7.51% compared to the 2015 peak of 0.3699, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,988 PGK
2015 Average 1,716 PGK
Yearly Trough Low 1,679 PGK
Transaction Impact: A difference of 309.26 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.3929
0.3377
JanuMarcMayJulySeptNove

NOK 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 0.3668, compared to 0.3794 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0126 points.

H1 Avg (Jan–Jun) 0.3668
H2 Avg (Jul–Dec) 0.3794

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0238 PGK (High: 0.3905 / Low: 0.3667). On the other end, February was the most stable month, with a tight range of 0.0075 PGK (High: 0.3561 / Low: 0.3486).

June Spread (Volatile) ±0.0238
February Spread (Stable) ±0.0075

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 October and November, when the average rate fell by 0.0115 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0115

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2016: 0.3883) against the same month in 2015 (average: 0.3502), the exchange rate shifted by +0.0381 (+10.89%).

2016 Avg (October) 0.3883
2015 Avg (October) 0.3502

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3510 0.3358 0.3423
February 0.3561 0.3486 0.3533
March 0.3729 0.3507 0.3619
April 0.3907 0.3702 0.3795
May 0.3926 0.3743 0.3834
June 0.3905 0.3667 0.3805
July 0.3807 0.3684 0.3737
August 0.3880 0.3726 0.3814
September 0.3962 0.3794 0.3859
October 0.3977 0.3820 0.3883
November 0.3879 0.3692 0.3768
December 0.3821 0.3632 0.3703