YEARLY HIGH
1071.1930 MGA
YEARLY LOW
924.3016 MGA
YEARLY AVERAGE
1015.2801 MGA

2016 PGK to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the PGK to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 1071.1930. Conversely, the yearly low was recorded on July 31, dropping to 924.3016.

This high-to-low spread represents a total annual volatility of 146.8914 MGA. From a start-to-finish perspective, comparing the January average rate of 1064.9296 to the December average rate of 1050.6359, the exchange rate registered a net change of -1.34% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 1071.1930 was down 13.18% compared to the 2015 peak of 1233.8388, 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 5,355,965 MGA
2015 Average 5,606,564 MGA
Yearly Trough Low 4,621,508 MGA
Transaction Impact: A difference of 734,457.11 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1076.0776
942.3017
JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 1036.6053, compared to 993.9549 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 42.6505 points.

H1 Avg (Jan–Jun) 1036.6053
H2 Avg (Jul–Dec) 993.9549

Volatility Range Comparison

Volatility

The most volatile month in 2016 was July, with a trading range of 94.4153 MGA (High: 1018.7168 / Low: 924.3016). On the other end, January was the most stable month, with a tight range of 13.7427 MGA (High: 1070.3695 / Low: 1056.6268).

July Spread (Volatile) ±94.4153
January Spread (Stable) ±13.7427

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 60.5816 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -60.5816

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 1050.6359) against the same month in 2015 (average: 1074.8147), the exchange rate shifted by -24.1788 (-2.25%).

2016 Avg (December) 1050.6359
2015 Avg (December) 1074.8147

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1070.3695 1056.6268 1064.9296
February 1059.5230 1031.3009 1047.9311
March 1060.8478 1036.9157 1046.4817
April 1034.9983 1009.0252 1019.8265
May 1035.3607 992.3661 1007.0058
June 1047.7037 1023.5759 1033.4574
July 1018.7168 924.3016 972.8758
August 964.5462 931.9212 953.4497
September 980.7079 951.4538 961.9865
October 1017.5326 977.2709 1002.6904
November 1049.1227 992.7839 1022.0908
December 1071.1930 1034.3775 1050.6359