2016 PGK to PKR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 PGK to PKR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the PGK to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 13, valuing the pair at 34.9406. Conversely, the yearly low was recorded on December 8, dropping to 32.6577.
This high-to-low spread represents a total annual volatility of 2.2829 PKR. From a start-to-finish perspective, comparing the January average rate of 34.7923 to the December average rate of 33.0158, the exchange rate registered a net change of -5.11% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 34.9406 was down 10.38% compared to the 2015 peak of 38.9888, 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 PKR 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 33.8697, compared to 33.0395 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.8303 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was May, with a trading range of 0.7342 PKR (High: 33.7353 / Low: 33.0011). On the other end, August was the most stable month, with a tight range of 0.2292 PKR (High: 33.1431 / Low: 32.9139).
Growth Streaks & Declines
TrendsBetween September and November, 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 0.6181 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2016: 34.7923) against the same month in 2015 (average: 38.7702), the exchange rate shifted by -3.9779 (-10.26%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 34.9406 | 34.5131 | 34.7923 |
| February | 34.6573 | 34.1181 | 34.4179 |
| March | 34.5802 | 33.9045 | 34.1656 |
| April | 33.9399 | 33.2508 | 33.5475 |
| May | 33.7353 | 33.0011 | 33.1754 |
| June | 33.5072 | 32.8856 | 33.1197 |
| July | 33.2952 | 32.9414 | 33.1220 |
| August | 33.1431 | 32.9139 | 33.0576 |
| September | 33.1198 | 32.7074 | 32.9765 |
| October | 33.1463 | 32.7464 | 33.0194 |
| November | 33.1168 | 32.8482 | 33.0453 |
| December | 33.1590 | 32.6577 | 33.0158 |