YEARLY HIGH
2.5946 HKD
YEARLY LOW
2.4101 HKD
YEARLY AVERAGE
2.4800 HKD

2016 PGK to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the PGK to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 19, valuing the pair at 2.5946. Conversely, the yearly low was recorded on December 8, dropping to 2.4101.

This high-to-low spread represents a total annual volatility of 0.1844 HKD. From a start-to-finish perspective, comparing the January average rate of 2.5803 to the December average rate of 2.4445, the exchange rate registered a net change of -5.26% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 2.5946 was down 13.65% compared to the 2015 peak of 3.0047, 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 12,973 HKD
2015 Average 14,038 HKD
Yearly Trough Low 12,051 HKD
Transaction Impact: A difference of 922.19 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

2.5938
2.4309
JanuMarcMayJulySeptNove

PGK to HKD 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 2.5126, compared to 2.4474 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0651 points.

H1 Avg (Jan–Jun) 2.5126
H2 Avg (Jul–Dec) 2.4474

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 0.0578 HKD (High: 2.5680 / Low: 2.5101). On the other end, August was the most stable month, with a tight range of 0.0118 HKD (High: 2.4531 / Low: 2.4413).

March Spread (Volatile) ±0.0578
August Spread (Stable) ±0.0118

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 March and April, when the average rate fell by 0.0485 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0485

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 2.5803) against the same month in 2015 (average: 2.9817), the exchange rate shifted by -0.4014 (-13.46%).

2016 Avg (January) 2.5803
2015 Avg (January) 2.9817

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.5946 2.5532 2.5803
February 2.5846 2.5274 2.5604
March 2.5680 2.5101 2.5331
April 2.5145 2.4621 2.4846
May 2.5001 2.4464 2.4591
June 2.4855 2.4475 2.4581
July 2.4648 2.4397 2.4517
August 2.4531 2.4413 2.4490
September 2.4570 2.4313 2.4468
October 2.4601 2.4305 2.4476
November 2.4542 2.4310 2.4450
December 2.4565 2.4101 2.4445