YEARLY HIGH
377.0017 IQD
YEARLY LOW
348.3165 IQD
YEARLY AVERAGE
363.8316 IQD

2016 PGK to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the PGK to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 20, valuing the pair at 377.0017. Conversely, the yearly low was recorded on April 14, dropping to 348.3165.

This high-to-low spread represents a total annual volatility of 28.6852 IQD. From a start-to-finish perspective, comparing the January average rate of 362.1771 to the December average rate of 370.5650, the exchange rate registered a net change of 2.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 377.0017 was down 18.00% compared to the 2015 peak of 459.7756, 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 1,885,009 IQD
2015 Average 2,111,173 IQD
Yearly Trough Low 1,741,582 IQD
Transaction Impact: A difference of 143,426.13 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

373.2740
349.0325
JanuMarcMayJulySeptNove

PGK to IQD 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 359.6033, compared to 368.0599 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 8.4567 points.

H1 Avg (Jan–Jun) 359.6033
H2 Avg (Jul–Dec) 368.0599

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 25.7841 IQD (High: 374.7564 / Low: 348.9723). On the other end, August was the most stable month, with a tight range of 2.5635 IQD (High: 369.2074 / Low: 366.6439).

May Spread (Volatile) ±25.7841
August Spread (Stable) ±2.5635

Growth Streaks & Declines

Trends

Between April and June, 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 March and April, when the average rate fell by 4.2704 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -4.2704

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2016: 371.2539) against the same month in 2015 (average: 433.9308), the exchange rate shifted by -62.6770 (-14.44%).

2016 Avg (June) 371.2539
2015 Avg (June) 433.9308

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 366.4850 357.1153 362.1771
February 361.0687 353.8964 358.0834
March 359.7918 352.2930 355.3230
April 354.1771 348.3165 351.0526
May 374.7564 348.9723 359.7297
June 377.0017 366.1056 371.2539
July 371.4100 367.5408 369.2656
August 369.2074 366.6439 368.1359
September 369.4393 365.1816 367.5018
October 368.7624 364.1427 367.0351
November 371.9309 362.3110 365.8562
December 372.7927 362.5168 370.5650