YEARLY HIGH
2986.4874 GNF
YEARLY LOW
2297.3812 GNF
YEARLY AVERAGE
2669.3485 GNF

2016 PGK to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the PGK to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 22, valuing the pair at 2986.4874. Conversely, the yearly low was recorded on June 5, dropping to 2297.3812.

This high-to-low spread represents a total annual volatility of 689.1062 GNF. From a start-to-finish perspective, comparing the January average rate of 2565.5540 to the December average rate of 2923.5963, the exchange rate registered a net change of 13.96% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 2986.4874 was up 7.40% compared to the 2015 peak of 2780.8283, 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 14,932,437 GNF
2015 Average 13,297,256 GNF
Yearly Trough Low 11,486,906 GNF
Transaction Impact: A difference of 3,445,530.77 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

2981.6235
2285.2967
JanuMarcMayJulySeptNove

PGK to GNF 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 2469.1718, compared to 2869.5251 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 400.3534 points.

H1 Avg (Jan–Jun) 2469.1718
H2 Avg (Jul–Dec) 2869.5251

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 572.7037 GNF (High: 2870.0849 / Low: 2297.3812). On the other end, October was the most stable month, with a tight range of 43.2935 GNF (High: 2887.8644 / Low: 2844.5710).

June Spread (Volatile) ±572.7037
October Spread (Stable) ±43.2935

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 April and May, when the average rate fell by 85.9123 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -85.9123

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 2923.5963) against the same month in 2015 (average: 2587.2231), the exchange rate shifted by +336.3732 (+13.00%).

2016 Avg (December) 2923.5963
2015 Avg (December) 2587.2231

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2598.3705 2542.4869 2565.5540
February 2573.7147 2489.4525 2532.7927
March 2519.0068 2455.7755 2485.7862
April 2462.8938 2389.3094 2429.2362
May 2432.7804 2308.6196 2343.3239
June 2870.0849 2297.3812 2458.3376
July 2860.4559 2775.1519 2828.7957
August 2883.5475 2816.8576 2856.1515
September 2888.2565 2840.5470 2866.1252
October 2887.8644 2844.5710 2866.4096
November 2899.8268 2834.4253 2876.0726
December 2986.4874 2852.7075 2923.5963