YEARLY HIGH
0.7250 FJD
YEARLY LOW
0.6400 FJD
YEARLY AVERAGE
0.6666 FJD

2016 PGK to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the PGK to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 18, valuing the pair at 0.7250. Conversely, the yearly low was recorded on September 8, dropping to 0.6400.

This high-to-low spread represents a total annual volatility of 0.0850 FJD. From a start-to-finish perspective, comparing the January average rate of 0.7143 to the December average rate of 0.6627, the exchange rate registered a net change of -7.22% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.7250 was down 7.58% compared to the 2015 peak of 0.7844, 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 3,625 FJD
2015 Average 3,780 FJD
Yearly Trough Low 3,200 FJD
Transaction Impact: A difference of 424.83 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.7211
0.6398
JanuMarcMayJulySeptNove

PGK to FJD 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 0.6812, compared to 0.6520 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0292 points.

H1 Avg (Jan–Jun) 0.6812
H2 Avg (Jul–Dec) 0.6520

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 0.0339 FJD (High: 0.7028 / Low: 0.6690). On the other end, August was the most stable month, with a tight range of 0.0095 FJD (High: 0.6523 / Low: 0.6428).

March Spread (Volatile) ±0.0339
August Spread (Stable) ±0.0095

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 0.0212 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0212

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.7143) against the same month in 2015 (average: 0.7710), the exchange rate shifted by -0.0567 (-7.36%).

2016 Avg (January) 0.7143
2015 Avg (January) 0.7710

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7250 0.7053 0.7143
February 0.7121 0.6900 0.7022
March 0.7028 0.6690 0.6837
April 0.6753 0.6539 0.6625
May 0.6803 0.6495 0.6656
June 0.6687 0.6509 0.6588
July 0.6591 0.6458 0.6520
August 0.6523 0.6428 0.6475
September 0.6514 0.6400 0.6465
October 0.6551 0.6426 0.6494
November 0.6647 0.6427 0.6538
December 0.6729 0.6471 0.6627