YEARLY HIGH
22.9125 AFN
YEARLY LOW
20.6222 AFN
YEARLY AVERAGE
21.6600 AFN

2016 PGK to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the PGK to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 21, valuing the pair at 22.9125. Conversely, the yearly low was recorded on October 12, dropping to 20.6222.

This high-to-low spread represents a total annual volatility of 2.2903 AFN. From a start-to-finish perspective, comparing the January average rate of 22.7479 to the December average rate of 20.9352, the exchange rate registered a net change of -7.97% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 22.9125 was down 1.58% compared to the 2015 peak of 23.2804, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 114,563 AFN
2015 Average 110,633 AFN
Yearly Trough Low 103,111 AFN
Transaction Impact: A difference of 11,451.55 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

22.9444
20.5861
JanuMarcMayJulySeptNove

PGK to AFN 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 22.2169, compared to 21.1031 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.1138 points.

H1 Avg (Jan–Jun) 22.2169
H2 Avg (Jul–Dec) 21.1031

Volatility Range Comparison

Volatility

The most volatile month in 2016 was August, with a trading range of 1.0095 AFN (High: 21.7074 / Low: 20.6979). On the other end, July was the most stable month, with a tight range of 0.2435 AFN (High: 21.8466 / Low: 21.6031).

August Spread (Volatile) ±1.0095
July Spread (Stable) ±0.2435

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 July and August, when the average rate fell by 0.4620 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.4620

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2016: 22.6527) against the same month in 2015 (average: 21.7663), the exchange rate shifted by +0.8863 (+4.07%).

2016 Avg (February) 22.6527
2015 Avg (February) 21.7663

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 22.8774 22.5135 22.7479
February 22.9125 22.3170 22.6527
March 22.6921 22.1705 22.3534
April 22.2368 21.7082 21.9253
May 22.0490 21.5474 21.7384
June 22.1263 21.5461 21.8839
July 21.8466 21.6031 21.7103
August 21.7074 20.6979 21.2483
September 21.3817 20.7178 21.0314
October 20.8814 20.6222 20.7826
November 21.1134 20.6880 20.9110
December 21.1008 20.6359 20.9352