2016 PGK to CRC Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 PGK to CRC Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the PGK to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 178.6763. Conversely, the yearly low was recorded on May 25, dropping to 168.9816.
This high-to-low spread represents a total annual volatility of 9.6947 CRC. From a start-to-finish perspective, comparing the January average rate of 177.7702 to the December average rate of 173.4659, the exchange rate registered a net change of -2.42% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 178.6763 was down 14.81% compared to the 2015 peak of 209.7496, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 PGK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
PGK to CRC Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 173.6379, compared to 173.5852 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0527 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was June, with a trading range of 4.9942 CRC (High: 174.5761 / Low: 169.5820). On the other end, August was the most stable month, with a tight range of 1.2779 CRC (High: 174.0796 / Low: 172.8017).
Growth Streaks & Declines
TrendsBetween May and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 3.0114 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2016: 177.7702) against the same month in 2015 (average: 207.1783), the exchange rate shifted by -29.4082 (-14.19%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 178.6763 | 176.8632 | 177.7702 |
| February | 177.8319 | 174.6383 | 176.4113 |
| March | 176.7993 | 172.8857 | 174.4918 |
| April | 173.5999 | 169.9343 | 171.4804 |
| May | 172.7496 | 168.9816 | 169.9055 |
| June | 174.5761 | 169.5820 | 171.7684 |
| July | 173.8354 | 171.7974 | 172.7266 |
| August | 174.0796 | 172.8017 | 173.3890 |
| September | 174.3248 | 172.6349 | 173.7206 |
| October | 174.8096 | 172.7404 | 174.1180 |
| November | 174.9170 | 172.5957 | 174.0911 |
| December | 175.3472 | 171.3496 | 173.4659 |