2015 PGK to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2015.
2015 PGK to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2015
During 2015, the PGK to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on August 2, valuing the pair at 1233.8388. Conversely, the yearly low was recorded on January 2, dropping to 991.9829.
This high-to-low spread represents a total annual volatility of 241.8559 MGA. From a start-to-finish perspective, comparing the January average rate of 1024.5185 to the December average rate of 1074.8147, the exchange rate registered a net change of 4.91% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2015 high of 1233.8388 was up 12.59% compared to the 2014 peak of 1095.9087, 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 2015.
PGK to MGA 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 1113.3704, compared to 1128.7749 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 15.4045 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2015 was June, with a trading range of 88.6740 MGA (High: 1183.5032 / Low: 1094.8292). On the other end, November was the most stable month, with a tight range of 17.6648 MGA (High: 1120.4151 / Low: 1102.7503).
Growth Streaks & Declines
TrendsBetween January and August, 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 August and September, when the average rate fell by 73.6961 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2015: 1193.4984) against the same month in 2014 (average: 1023.5224), the exchange rate shifted by +169.9761 (+16.61%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1076.6424 | 991.9829 | 1024.5185 |
| February | 1082.2263 | 1044.8633 | 1071.9850 |
| March | 1148.0557 | 1076.7046 | 1120.6419 |
| April | 1166.1012 | 1129.9039 | 1147.5676 |
| May | 1179.3258 | 1113.0351 | 1149.9485 |
| June | 1183.5032 | 1094.8292 | 1165.5608 |
| July | 1225.2865 | 1153.7847 | 1190.3889 |
| August | 1233.8388 | 1170.7123 | 1193.4984 |
| September | 1172.7823 | 1090.6312 | 1119.8023 |
| October | 1124.4923 | 1042.0283 | 1083.1957 |
| November | 1120.4151 | 1102.7503 | 1110.9491 |
| December | 1103.1613 | 1064.1743 | 1074.8147 |