YEARLY HIGH
40.8419 JMD
YEARLY LOW
38.6991 JMD
YEARLY AVERAGE
39.9492 JMD

2016 PGK to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the PGK to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 2, valuing the pair at 40.8419. Conversely, the yearly low was recorded on May 3, dropping to 38.6991.

This high-to-low spread represents a total annual volatility of 2.1429 JMD. From a start-to-finish perspective, comparing the January average rate of 39.9500 to the December average rate of 40.6135, the exchange rate registered a net change of 1.66% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 40.8419 was down 8.03% compared to the 2015 peak of 44.4098, 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 204,210 JMD
2015 Average 211,338 JMD
Yearly Trough Low 193,495 JMD
Transaction Impact: A difference of 10,714.42 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

40.8774
38.9054
JanuMarcMayJulySeptNove

PGK to JMD 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 39.5676, compared to 40.3309 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7633 points.

H1 Avg (Jan–Jun) 39.5676
H2 Avg (Jul–Dec) 40.3309

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 1.2311 JMD (High: 39.9302 / Low: 38.6991). On the other end, August was the most stable month, with a tight range of 0.3453 JMD (High: 40.2141 / Low: 39.8688).

May Spread (Volatile) ±1.2311
August Spread (Stable) ±0.3453

Growth Streaks & Declines

Trends

Between April and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.5926 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.5926

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 40.6135) against the same month in 2015 (average: 40.1185), the exchange rate shifted by +0.4951 (+1.23%).

2016 Avg (December) 40.6135
2015 Avg (December) 40.1185

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 40.2214 39.7772 39.9500
February 40.0808 39.5384 39.8738
March 40.1208 39.3509 39.6623
April 39.4553 38.8231 39.0697
May 39.9302 38.6991 39.1722
June 40.2197 39.3612 39.6773
July 40.2262 39.6982 39.9756
August 40.2141 39.8688 40.0279
September 40.3815 39.8654 40.1836
October 40.7842 40.0828 40.4714
November 40.8363 40.4112 40.7130
December 40.8419 40.1464 40.6135