YEARLY HIGH
2.3627 PGK
YEARLY LOW
1.9272 PGK
YEARLY AVERAGE
2.1839 PGK

2016 NZD to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NZD to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 7, valuing the pair at 2.3627. Conversely, the yearly low was recorded on January 19, dropping to 1.9272.

This high-to-low spread represents a total annual volatility of 0.4355 PGK. From a start-to-finish perspective, comparing the January average rate of 1.9736 to the December average rate of 2.2298, the exchange rate registered a net change of 12.98% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 2.3627 was up 13.63% compared to the 2015 peak of 2.0793, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,813 PGK
2015 Average 9,663 PGK
Yearly Trough Low 9,636 PGK
Transaction Impact: A difference of 2,177.27 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

2.3498
1.9394
JanuMarcMayJulySeptNove

NZD 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 2.0966, compared to 2.2713 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1747 points.

H1 Avg (Jan–Jun) 2.0966
H2 Avg (Jul–Dec) 2.2713

Volatility Range Comparison

Volatility

The most volatile month in 2016 was January, with a trading range of 0.1365 PGK (High: 2.0637 / Low: 1.9272). On the other end, August was the most stable month, with a tight range of 0.0569 PGK (High: 2.3186 / Low: 2.2616).

January Spread (Volatile) ±0.1365
August Spread (Stable) ±0.0569

Growth Streaks & Declines

Trends

Between May and September, 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 September and October, when the average rate fell by 0.0462 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0462

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2016: 2.3156) against the same month in 2015 (average: 1.7957), the exchange rate shifted by +0.5199 (+28.95%).

2016 Avg (September) 2.3156
2015 Avg (September) 1.7957

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.0637 1.9272 1.9736
February 2.0475 1.9797 2.0174
March 2.1380 2.0145 2.0673
April 2.2018 2.0984 2.1508
May 2.2146 2.0910 2.1455
June 2.2680 2.1493 2.2248
July 2.3112 2.2038 2.2591
August 2.3186 2.2616 2.2881
September 2.3627 2.2916 2.3156
October 2.3136 2.2423 2.2694
November 2.3369 2.2216 2.2659
December 2.3101 2.1803 2.2298