2016 PGK to INR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 PGK to INR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the PGK to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 21, valuing the pair at 22.6494. Conversely, the yearly low was recorded on September 8, dropping to 20.8468.
This high-to-low spread represents a total annual volatility of 1.8026 INR. From a start-to-finish perspective, comparing the January average rate of 22.3135 to the December average rate of 21.3661, the exchange rate registered a net change of -4.25% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 22.6494 was down 7.55% compared to the 2015 peak of 24.4998, 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 INR 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 21.7329, compared to 21.1950 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5379 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was March, with a trading range of 0.9072 INR (High: 22.3480 / Low: 21.4408). On the other end, August was the most stable month, with a tight range of 0.1952 INR (High: 21.2282 / Low: 21.0330).
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 February and March, when the average rate fell by 0.6128 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2016: 22.4536) against the same month in 2015 (average: 23.5466), the exchange rate shifted by -1.0931 (-4.64%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 22.5792 | 21.9625 | 22.3135 |
| February | 22.6494 | 22.2721 | 22.4536 |
| March | 22.3480 | 21.4408 | 21.8407 |
| April | 21.5194 | 21.0791 | 21.2899 |
| May | 21.5001 | 20.9671 | 21.2019 |
| June | 21.7774 | 21.0312 | 21.2978 |
| July | 21.3357 | 21.0111 | 21.2234 |
| August | 21.2282 | 21.0330 | 21.1376 |
| September | 21.2094 | 20.8468 | 21.0578 |
| October | 21.1458 | 20.8932 | 21.0532 |
| November | 21.7099 | 20.8660 | 21.3317 |
| December | 21.6214 | 20.9564 | 21.3661 |