2016 PGK to MNT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 PGK to MNT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the PGK to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 786.2405. Conversely, the yearly low was recorded on June 25, dropping to 611.4744.
This high-to-low spread represents a total annual volatility of 174.7661 MNT. From a start-to-finish perspective, comparing the January average rate of 662.2857 to the December average rate of 780.3599, the exchange rate registered a net change of 17.83% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 786.2405 was up 4.47% compared to the 2015 peak of 752.5634, 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 MNT 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 649.2661, compared to 717.6761 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 68.4100 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was August, with a trading range of 60.7992 MNT (High: 713.0446 / Low: 652.2454). On the other end, January was the most stable month, with a tight range of 7.1360 MNT (High: 664.8520 / Low: 657.7160).
Growth Streaks & Declines
TrendsBetween June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 22.0729 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2016: 780.3599) against the same month in 2015 (average: 667.6527), the exchange rate shifted by +112.7073 (+16.88%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 664.8520 | 657.7160 | 662.2857 |
| February | 670.2788 | 658.1772 | 663.9771 |
| March | 672.1828 | 661.7798 | 666.6486 |
| April | 662.9330 | 629.1451 | 644.5757 |
| May | 648.2750 | 629.8786 | 635.6031 |
| June | 629.8346 | 611.4744 | 622.5065 |
| July | 651.0766 | 625.7740 | 638.2755 |
| August | 713.0446 | 652.2454 | 688.5389 |
| September | 720.7589 | 696.4815 | 705.7384 |
| October | 750.0174 | 711.4870 | 727.4542 |
| November | 778.3667 | 749.4077 | 765.6895 |
| December | 786.2405 | 767.7362 | 780.3599 |