YEARLY HIGH
2.3000 BOB
YEARLY LOW
2.1636 BOB
YEARLY AVERAGE
2.2039 BOB

2016 PGK to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the PGK to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 2.3000. Conversely, the yearly low was recorded on December 8, dropping to 2.1636.

This high-to-low spread represents a total annual volatility of 0.1364 BOB. From a start-to-finish perspective, comparing the January average rate of 2.2910 to the December average rate of 2.1807, the exchange rate registered a net change of -4.81% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 2.3000 was down 14.13% compared to the 2015 peak of 2.6783, 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 11,500 BOB
2015 Average 12,503 BOB
Yearly Trough Low 10,818 BOB
Transaction Impact: A difference of 681.98 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

2.3022
2.1675
JanuMarcMayJulySeptNove

PGK to BOB 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 2.2265, compared to 2.1813 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0451 points.

H1 Avg (Jan–Jun) 2.2265
H2 Avg (Jul–Dec) 2.1813

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 0.0539 BOB (High: 2.2613 / Low: 2.2074). On the other end, August was the most stable month, with a tight range of 0.0101 BOB (High: 2.1900 / Low: 2.1799).

March Spread (Volatile) ±0.0539
August Spread (Stable) ±0.0101

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2016. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0357 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0357

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 2.2910) against the same month in 2015 (average: 2.6583), the exchange rate shifted by -0.3673 (-13.82%).

2016 Avg (January) 2.2910
2015 Avg (January) 2.6583

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.3000 2.2719 2.2910
February 2.2839 2.2388 2.2676
March 2.2613 2.2074 2.2319
April 2.2293 2.1912 2.2028
May 2.2260 2.1752 2.1844
June 2.2019 2.1691 2.1810
July 2.1986 2.1690 2.1787
August 2.1900 2.1799 2.1845
September 2.1903 2.1662 2.1819
October 2.1910 2.1670 2.1817
November 2.1848 2.1677 2.1803
December 2.1903 2.1636 2.1807