YEARLY HIGH
9999.6668 IRR
YEARLY LOW
9345.6991 IRR
YEARLY AVERAGE
9631.1892 IRR

2016 PGK to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the PGK to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 13, valuing the pair at 9999.6668. Conversely, the yearly low was recorded on December 8, dropping to 9345.6991.

This high-to-low spread represents a total annual volatility of 653.9678 IRR. From a start-to-finish perspective, comparing the January average rate of 9950.0348 to the December average rate of 9475.8611, the exchange rate registered a net change of -4.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 9999.6668 was down 7.33% compared to the 2015 peak of 10791.0446, 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 49,998,334 IRR
2015 Average 52,360,621 IRR
Yearly Trough Low 46,728,495 IRR
Transaction Impact: A difference of 3,269,838.77 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

9997.4522
9428.4437
JanuMarcMayJulySeptNove

PGK to IRR 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 9769.8536, compared to 9492.5248 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 277.3288 points.

H1 Avg (Jan–Jun) 9769.8536
H2 Avg (Jul–Dec) 9492.5248

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 224.6117 IRR (High: 9723.2986 / Low: 9498.6870). On the other end, August was the most stable month, with a tight range of 45.2100 IRR (High: 9512.2009 / Low: 9466.9909).

June Spread (Volatile) ±224.6117
August Spread (Stable) ±45.2100

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 179.5993 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -179.5993

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 9950.0348) against the same month in 2015 (average: 10483.0531), the exchange rate shifted by -533.0182 (-5.08%).

2016 Avg (January) 9950.0348
2015 Avg (January) 10483.0531

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 9999.6668 9838.3459 9950.0348
February 9978.6907 9818.9148 9925.8092
March 9985.2917 9781.8700 9865.4234
April 9798.7535 9600.6094 9685.8241
May 9749.5851 9536.2892 9588.5340
June 9723.2986 9498.6870 9603.4961
July 9622.9146 9466.3708 9526.3711
August 9512.2009 9466.9909 9495.3146
September 9531.1188 9427.7989 9487.7971
October 9534.2440 9420.2058 9488.4491
November 9515.8816 9428.1395 9481.3561
December 9528.4127 9345.6991 9475.8611