2016 PGK to MMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 PGK to MMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the PGK to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 22, valuing the pair at 436.3398. Conversely, the yearly low was recorded on May 3, dropping to 367.3133.
This high-to-low spread represents a total annual volatility of 69.0265 MMK. From a start-to-finish perspective, comparing the January average rate of 430.9745 to the December average rate of 425.2847, the exchange rate registered a net change of -1.32% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 436.3398 was down 1.45% compared to the 2015 peak of 442.7425, 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 MMK 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 394.0595, compared to 395.4947 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.4351 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was February, with a trading range of 26.4538 MMK (High: 427.5871 / Low: 401.1332). On the other end, July was the most stable month, with a tight range of 7.8962 MMK (High: 376.1101 / Low: 368.2140).
Growth Streaks & Declines
TrendsBetween July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 20.9202 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2016: 425.2847) against the same month in 2015 (average: 434.9075), the exchange rate shifted by -9.6228 (-2.21%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 435.0798 | 426.4017 | 430.9745 |
| February | 427.5871 | 401.1332 | 410.0543 |
| March | 409.0571 | 390.5304 | 397.0400 |
| April | 393.6055 | 369.5327 | 378.9164 |
| May | 380.4214 | 367.3133 | 371.4700 |
| June | 381.5839 | 371.4261 | 375.9019 |
| July | 376.1101 | 368.2140 | 372.5184 |
| August | 382.5722 | 372.7898 | 376.7243 |
| September | 397.2914 | 378.6860 | 387.6832 |
| October | 406.7629 | 392.3500 | 401.7377 |
| November | 415.5050 | 402.7158 | 409.0197 |
| December | 436.3398 | 412.2772 | 425.2847 |