2016 PGK to LBP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 PGK to LBP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the PGK to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 504.1572. Conversely, the yearly low was recorded on December 8, dropping to 469.2869.
This high-to-low spread represents a total annual volatility of 34.8703 LBP. From a start-to-finish perspective, comparing the January average rate of 500.9267 to the December average rate of 475.4127, the exchange rate registered a net change of -5.09% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 504.1572 was down 14.07% compared to the 2015 peak of 586.6921, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 PGK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
PGK to LBP Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 488.2027, compared to 476.2706 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 11.9321 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was May, with a trading range of 11.4341 LBP (High: 486.3008 / Low: 474.8666). On the other end, August was the most stable month, with a tight range of 3.2191 LBP (High: 478.4600 / Low: 475.2409).
Growth Streaks & Declines
TrendsNo 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 9.1055 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2016: 500.9267) against the same month in 2015 (average: 581.3778), the exchange rate shifted by -80.4510 (-13.84%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 504.1572 | 496.7420 | 500.9267 |
| February | 501.0636 | 491.5201 | 496.4555 |
| March | 498.7005 | 487.9473 | 492.3923 |
| April | 489.2677 | 478.8760 | 483.2868 |
| May | 486.3008 | 474.8666 | 478.1650 |
| June | 483.4741 | 475.3780 | 477.9899 |
| July | 479.3226 | 475.0030 | 477.1877 |
| August | 478.4600 | 475.2409 | 476.6368 |
| September | 478.5589 | 472.5455 | 476.0937 |
| October | 477.5099 | 472.4192 | 476.1566 |
| November | 477.6431 | 473.1339 | 476.1358 |
| December | 477.7051 | 469.2869 | 475.4127 |