YEARLY HIGH
2.9776 NOK
YEARLY LOW
2.5145 NOK
YEARLY AVERAGE
2.6844 NOK

2016 PGK to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the PGK to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 2.9776. Conversely, the yearly low was recorded on October 3, dropping to 2.5145.

This high-to-low spread represents a total annual volatility of 0.4631 NOK. From a start-to-finish perspective, comparing the January average rate of 2.9222 to the December average rate of 2.7010, the exchange rate registered a net change of -7.57% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 2.9776 was down 5.02% compared to the 2015 peak of 3.1349, 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 14,888 NOK
2015 Average 14,580 NOK
Yearly Trough Low 12,573 NOK
Transaction Impact: A difference of 2,315.52 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

2.9568
2.5413
JanuMarcMayJulySeptNove

PGK to NOK 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 2.7316, compared to 2.6371 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0946 points.

H1 Avg (Jan–Jun) 2.7316
H2 Avg (Jul–Dec) 2.6371

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 0.1700 NOK (High: 2.8518 / Low: 2.6819). On the other end, February was the most stable month, with a tight range of 0.0605 NOK (High: 2.8685 / Low: 2.8080).

March Spread (Volatile) ±0.1700
February Spread (Stable) ±0.0605

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.1284 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1284

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 2.9222) against the same month in 2015 (average: 2.9499), the exchange rate shifted by -0.0277 (-0.94%).

2016 Avg (January) 2.9222
2015 Avg (January) 2.9499

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.9776 2.8491 2.9222
February 2.8685 2.8080 2.8307
March 2.8518 2.6819 2.7639
April 2.7012 2.5593 2.6355
May 2.6715 2.5470 2.6088
June 2.7271 2.5608 2.6289
July 2.7145 2.6270 2.6763
August 2.6840 2.5773 2.6227
September 2.6354 2.5242 2.5916
October 2.6180 2.5145 2.5759
November 2.7086 2.5779 2.6551
December 2.7535 2.6170 2.7010