YEARLY HIGH
109.9569 NGN
YEARLY LOW
62.7043 NGN
YEARLY AVERAGE
82.0069 NGN

2016 PGK to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the PGK to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 22, valuing the pair at 109.9569. Conversely, the yearly low was recorded on June 7, dropping to 62.7043.

This high-to-low spread represents a total annual volatility of 47.2526 NGN. From a start-to-finish perspective, comparing the January average rate of 66.0258 to the December average rate of 99.2035, the exchange rate registered a net change of 50.25% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 109.9569 was up 41.06% compared to the 2015 peak of 77.9508, 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 549,785 NGN
2015 Average 358,177 NGN
Yearly Trough Low 313,522 NGN
Transaction Impact: A difference of 236,263.04 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

105.6869
59.1760
JanuMarcMayJulySeptNove

PGK to NGN 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 65.7011, compared to 98.3127 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 32.6116 points.

H1 Avg (Jan–Jun) 65.7011
H2 Avg (Jul–Dec) 98.3127

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 27.7050 NGN (High: 90.4094 / Low: 62.7043). On the other end, January was the most stable month, with a tight range of 0.7417 NGN (High: 66.2799 / Low: 65.5382).

June Spread (Volatile) ±27.7050
January Spread (Stable) ±0.7417

Growth Streaks & Declines

Trends

Between May and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 3.0792 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -3.0792

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2016: 101.8110) against the same month in 2015 (average: 71.6832), the exchange rate shifted by +30.1278 (+42.03%).

2016 Avg (August) 101.8110
2015 Avg (August) 71.6832

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 66.2799 65.5382 66.0258
February 65.8093 64.9488 65.4496
March 65.7606 64.3852 64.9438
April 64.5588 63.1434 63.7600
May 64.0841 62.7793 63.0519
June 90.4094 62.7043 70.9757
July 100.9767 88.9363 92.4702
August 109.9569 98.4667 101.8110
September 99.3961 97.9332 98.7318
October 99.6235 97.5518 98.7469
November 99.6726 98.1242 98.9129
December 99.9724 95.9468 99.2035