2016 PGK to SLL Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 PGK to SLL Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the PGK to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on October 9, valuing the pair at 1784.9357. Conversely, the yearly low was recorded on May 24, dropping to 1240.9186.
This high-to-low spread represents a total annual volatility of 544.0171 SLL. From a start-to-finish perspective, comparing the January average rate of 1375.9441 to the December average rate of 1742.5746, the exchange rate registered a net change of 26.65% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 1784.9357 was up 7.07% compared to the 2015 peak of 1667.0207, 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 SLL 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 1314.2848, compared to 1759.3457 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 445.0609 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was June, with a trading range of 404.6551 SLL (High: 1648.0092 / Low: 1243.3541). On the other end, November was the most stable month, with a tight range of 22.0997 SLL (High: 1775.2862 / Low: 1753.1865).
Growth Streaks & Declines
TrendsBetween May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 49.9172 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2016: 1773.7383) against the same month in 2015 (average: 1293.5071), the exchange rate shifted by +480.2313 (+37.13%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1398.5839 | 1354.9091 | 1375.9441 |
| February | 1366.5915 | 1325.3032 | 1347.4845 |
| March | 1345.7280 | 1292.4366 | 1320.5575 |
| April | 1293.1314 | 1251.4185 | 1270.6403 |
| May | 1272.0563 | 1240.9186 | 1250.0250 |
| June | 1648.0092 | 1243.3541 | 1321.0577 |
| July | 1759.0654 | 1733.6039 | 1744.3701 |
| August | 1779.3949 | 1731.3156 | 1755.1736 |
| September | 1784.6567 | 1753.9905 | 1776.6831 |
| October | 1784.9357 | 1760.8447 | 1773.7383 |
| November | 1775.2862 | 1753.1865 | 1763.5345 |
| December | 1761.9326 | 1722.9712 | 1742.5746 |