YEARLY HIGH
0.1013 KWD
YEARLY LOW
0.0944 KWD
YEARLY AVERAGE
0.0966 KWD

2016 PGK to KWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the PGK to KWD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 13, valuing the pair at 0.1013. Conversely, the yearly low was recorded on September 22, dropping to 0.0944.

This high-to-low spread represents a total annual volatility of 0.0069 KWD. From a start-to-finish perspective, comparing the January average rate of 0.1008 to the December average rate of 0.0963, the exchange rate registered a net change of -4.54% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.1013 was down 11.08% compared to the 2015 peak of 0.1140, 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 507 KWD
2015 Average 545 KWD
Yearly Trough Low 472 KWD
Transaction Impact: A difference of 34.55 KWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.1014
0.0945
JanuMarcMayJulySeptNove

PGK to KWD 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 0.0976, compared to 0.0955 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0020 points.

H1 Avg (Jan–Jun) 0.0976
H2 Avg (Jul–Dec) 0.0955

Volatility Range Comparison

Volatility

The most volatile month in 2016 was February, with a trading range of 0.0026 KWD (High: 0.1001 / Low: 0.0975). On the other end, August was the most stable month, with a tight range of 0.0006 KWD (High: 0.0954 / Low: 0.0949).

February Spread (Volatile) ±0.0026
August Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0022 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0022

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.1008) against the same month in 2015 (average: 0.1132), the exchange rate shifted by -0.0123 (-10.91%).

2016 Avg (January) 0.1008
2015 Avg (January) 0.1132

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1013 0.0996 0.1008
February 0.1001 0.0975 0.0987
March 0.0994 0.0977 0.0983
April 0.0978 0.0957 0.0966
May 0.0972 0.0948 0.0955
June 0.0968 0.0951 0.0955
July 0.0961 0.0949 0.0955
August 0.0954 0.0949 0.0952
September 0.0956 0.0944 0.0951
October 0.0960 0.0946 0.0954
November 0.0965 0.0949 0.0958
December 0.0968 0.0947 0.0963