YEARLY HIGH
0.5189 NZD
YEARLY LOW
0.4232 NZD
YEARLY AVERAGE
0.4591 NZD

2016 PGK to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the PGK to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 19, valuing the pair at 0.5189. Conversely, the yearly low was recorded on September 7, dropping to 0.4232.

This high-to-low spread represents a total annual volatility of 0.0956 NZD. From a start-to-finish perspective, comparing the January average rate of 0.5069 to the December average rate of 0.4486, the exchange rate registered a net change of -11.49% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.5189 was down 8.75% compared to the 2015 peak of 0.5686, 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 2,594 NZD
2015 Average 2,592 NZD
Yearly Trough Low 2,116 NZD
Transaction Impact: A difference of 478.15 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.5143
0.4244
JanuMarcMayJulySeptNove

PGK to NZD 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 0.4778, compared to 0.4404 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0374 points.

H1 Avg (Jan–Jun) 0.4778
H2 Avg (Jul–Dec) 0.4404

Volatility Range Comparison

Volatility

The most volatile month in 2016 was January, with a trading range of 0.0343 NZD (High: 0.5189 / Low: 0.4846). On the other end, August was the most stable month, with a tight range of 0.0109 NZD (High: 0.4422 / Low: 0.4313).

January Spread (Volatile) ±0.0343
August Spread (Stable) ±0.0109

Growth Streaks & Declines

Trends

Between September and December, 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 March and April, when the average rate fell by 0.0188 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0188

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.5069) against the same month in 2015 (average: 0.5040), the exchange rate shifted by +0.0028 (+0.56%).

2016 Avg (January) 0.5069
2015 Avg (January) 0.5040

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5189 0.4846 0.5069
February 0.5051 0.4884 0.4957
March 0.4964 0.4677 0.4838
April 0.4766 0.4542 0.4650
May 0.4783 0.4515 0.4661
June 0.4653 0.4409 0.4495
July 0.4538 0.4327 0.4428
August 0.4422 0.4313 0.4371
September 0.4364 0.4232 0.4319
October 0.4460 0.4322 0.4407
November 0.4501 0.4279 0.4414
December 0.4587 0.4329 0.4486