YEARLY HIGH
538.3187 BIF
YEARLY LOW
489.7064 BIF
YEARLY AVERAGE
516.2782 BIF

2016 PGK to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the PGK to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on June 26, valuing the pair at 538.3187. Conversely, the yearly low was recorded on June 7, dropping to 489.7064.

This high-to-low spread represents a total annual volatility of 48.6123 BIF. From a start-to-finish perspective, comparing the January average rate of 517.9210 to the December average rate of 527.8960, the exchange rate registered a net change of 1.93% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 538.3187 was down 11.62% compared to the 2015 peak of 609.1250, 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 2,691,593 BIF
2015 Average 2,836,580 BIF
Yearly Trough Low 2,448,532 BIF
Transaction Impact: A difference of 243,061.35 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

531.2998
490.4545
JanuMarcMayJulySeptNove

PGK to BIF 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 506.7690, compared to 525.7874 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 19.0185 points.

H1 Avg (Jan–Jun) 506.7690
H2 Avg (Jul–Dec) 525.7874

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 48.6123 BIF (High: 538.3187 / Low: 489.7064). On the other end, November was the most stable month, with a tight range of 6.3355 BIF (High: 529.6692 / Low: 523.3337).

June Spread (Volatile) ±48.6123
November Spread (Stable) ±6.3355

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 11.8446 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -11.8446

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2016: 508.4116) against the same month in 2015 (average: 573.7430), the exchange rate shifted by -65.3315 (-11.39%).

2016 Avg (June) 508.4116
2015 Avg (June) 573.7430

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 522.5623 513.4672 517.9210
February 516.5417 508.1844 513.1491
March 517.4664 504.6358 509.5592
April 505.2910 491.7738 497.7146
May 499.8227 490.1973 493.8583
June 538.3187 489.7064 508.4116
July 527.3253 520.6654 523.9265
August 528.8398 521.5411 524.8327
September 529.9796 520.9529 525.0007
October 527.6193 521.0330 525.9493
November 529.6692 523.3337 527.1196
December 532.2599 522.6985 527.8960