2016 PGK to IDR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 PGK to IDR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the PGK to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 4639.2892. Conversely, the yearly low was recorded on October 6, dropping to 4071.5461.
This high-to-low spread represents a total annual volatility of 567.7431 IDR. From a start-to-finish perspective, comparing the January average rate of 4599.9592 to the December average rate of 4226.1298, the exchange rate registered a net change of -8.13% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 4639.2892 was down 9.33% compared to the 2015 peak of 5116.9294, 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 IDR 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 4340.8343, compared to 4162.1486 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 178.6856 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was May, with a trading range of 205.1888 IDR (High: 4366.0364 / Low: 4160.8476). On the other end, July was the most stable month, with a tight range of 44.5549 IDR (High: 4165.3356 / Low: 4120.7807).
Growth Streaks & Declines
TrendsBetween October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 153.0359 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2016: 4599.9592) against the same month in 2015 (average: 4834.4537), the exchange rate shifted by -234.4944 (-4.85%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 4639.2892 | 4519.7919 | 4599.9592 |
| February | 4550.2521 | 4361.1463 | 4446.9234 |
| March | 4389.3563 | 4256.3080 | 4297.4141 |
| April | 4282.5070 | 4186.4248 | 4218.9778 |
| May | 4366.0364 | 4160.8476 | 4252.6737 |
| June | 4318.4510 | 4161.4843 | 4229.0573 |
| July | 4165.3356 | 4120.7807 | 4145.4296 |
| August | 4192.6367 | 4130.9189 | 4154.5894 |
| September | 4197.3429 | 4089.2081 | 4139.5010 |
| October | 4132.8205 | 4071.5461 | 4109.0729 |
| November | 4285.7339 | 4110.7565 | 4198.1691 |
| December | 4290.8183 | 4132.6466 | 4226.1298 |