YEARLY HIGH
34.0665 CVE
YEARLY LOW
30.2073 CVE
YEARLY AVERAGE
31.8397 CVE

2016 PGK to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the PGK to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 34.0665. Conversely, the yearly low was recorded on May 3, dropping to 30.2073.

This high-to-low spread represents a total annual volatility of 3.8592 CVE. From a start-to-finish perspective, comparing the January average rate of 33.6572 to the December average rate of 32.9681, the exchange rate registered a net change of -2.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 34.0665 was down 13.69% compared to the 2015 peak of 39.4717, 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 170,333 CVE
2015 Average 179,740 CVE
Yearly Trough Low 151,036 CVE
Transaction Impact: A difference of 19,296.21 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

33.9399
30.5467
JanuMarcMayJulySeptNove

PGK to CVE 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 31.9697, compared to 31.7098 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2599 points.

H1 Avg (Jan–Jun) 31.9697
H2 Avg (Jul–Dec) 31.7098

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 1.9513 CVE (High: 33.4728 / Low: 31.5215). On the other end, September was the most stable month, with a tight range of 0.5785 CVE (High: 31.2605 / Low: 30.6819).

March Spread (Volatile) ±1.9513
September Spread (Stable) ±0.5785

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 1.2191 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.2191

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 33.6572) against the same month in 2015 (average: 36.3912), the exchange rate shifted by -2.7340 (-7.51%).

2016 Avg (January) 33.6572
2015 Avg (January) 36.3912

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 34.0665 33.4080 33.6572
February 33.4397 32.0355 32.6953
March 33.4728 31.5215 32.3839
April 31.4865 30.6457 31.1648
May 31.6648 30.2073 30.8295
June 31.8570 30.5374 31.0875
July 31.8733 31.0880 31.4719
August 31.3813 30.6910 31.0632
September 31.2605 30.6819 31.0278
October 32.0399 30.8962 31.5240
November 32.8791 31.3598 32.2037
December 33.5960 32.1778 32.9681