YEARLY HIGH
43.5515 ISK
YEARLY LOW
34.5731 ISK
YEARLY AVERAGE
38.6120 ISK

2016 PGK to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the PGK to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 43.5515. Conversely, the yearly low was recorded on December 8, dropping to 34.5731.

This high-to-low spread represents a total annual volatility of 8.9784 ISK. From a start-to-finish perspective, comparing the January average rate of 43.0979 to the December average rate of 35.4816, the exchange rate registered a net change of -17.67% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 43.5515 was down 17.62% compared to the 2015 peak of 52.8695, 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 217,757 ISK
2015 Average 238,880 ISK
Yearly Trough Low 172,865 ISK
Transaction Impact: A difference of 44,891.94 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

43.8684
34.6219
JanuMarcMayJulySeptNove

PGK to ISK 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 40.7382, compared to 36.4858 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.2523 points.

H1 Avg (Jan–Jun) 40.7382
H2 Avg (Jul–Dec) 36.4858

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 2.7264 ISK (High: 42.7823 / Low: 40.0559). On the other end, October was the most stable month, with a tight range of 0.5455 ISK (High: 36.2067 / Low: 35.6612).

March Spread (Volatile) ±2.7264
October Spread (Stable) ±0.5455

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 1.6258 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -1.6258

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 43.0979) against the same month in 2015 (average: 50.5476), the exchange rate shifted by -7.4498 (-14.74%).

2016 Avg (January) 43.0979
2015 Avg (January) 50.5476

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 43.5515 42.7012 43.0979
February 42.7236 41.4012 42.1067
March 42.7823 40.0559 41.3220
April 40.1889 38.9439 39.6962
May 40.0285 38.3343 39.1577
June 40.1002 38.5627 39.0486
July 38.9942 37.7144 38.5398
August 37.9888 36.7215 37.2792
September 36.6961 35.8889 36.2194
October 36.2067 35.6612 36.0026
November 35.7481 34.7128 35.3924
December 36.1313 34.5731 35.4816