YEARLY HIGH
0.2365 JOD
YEARLY LOW
0.2201 JOD
YEARLY AVERAGE
0.2264 JOD

2016 PGK to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the PGK to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 0.2365. Conversely, the yearly low was recorded on December 8, dropping to 0.2201.

This high-to-low spread represents a total annual volatility of 0.0164 JOD. From a start-to-finish perspective, comparing the January average rate of 0.2352 to the December average rate of 0.2232, the exchange rate registered a net change of -5.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.2365 was down 13.92% compared to the 2015 peak of 0.2748, 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 1,183 JOD
2015 Average 1,283 JOD
Yearly Trough Low 1,101 JOD
Transaction Impact: A difference of 81.91 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.2364
0.2220
JanuMarcMayJulySeptNove

PGK to JOD 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 0.2292, compared to 0.2235 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0057 points.

H1 Avg (Jan–Jun) 0.2292
H2 Avg (Jul–Dec) 0.2235

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.0051 JOD (High: 0.2283 / Low: 0.2232). On the other end, August was the most stable month, with a tight range of 0.0012 JOD (High: 0.2241 / Low: 0.2229).

May Spread (Volatile) ±0.0051
August Spread (Stable) ±0.0012

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 0.0043 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0043

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.2352) against the same month in 2015 (average: 0.2728), the exchange rate shifted by -0.0376 (-13.77%).

2016 Avg (January) 0.2352
2015 Avg (January) 0.2728

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2365 0.2327 0.2352
February 0.2350 0.2308 0.2331
March 0.2342 0.2295 0.2313
April 0.2297 0.2248 0.2270
May 0.2283 0.2232 0.2244
June 0.2269 0.2233 0.2243
July 0.2250 0.2228 0.2239
August 0.2241 0.2229 0.2237
September 0.2244 0.2221 0.2235
October 0.2246 0.2219 0.2235
November 0.2241 0.2221 0.2233
December 0.2244 0.2201 0.2232