2016 PGK to VEF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 PGK to VEF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the PGK to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on April 5, valuing the pair at 3.2329. Conversely, the yearly low was recorded on March 31, dropping to 2.0407.
This high-to-low spread represents a total annual volatility of 1.1921 VEF. From a start-to-finish perspective, comparing the January average rate of 2.0961 to the December average rate of 3.1469, the exchange rate registered a net change of 50.13% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 3.2329 was up 32.28% compared to the 2015 peak of 2.4440, 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 VEF 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 2.6249, compared to 3.1489 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5239 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was May, with a trading range of 0.0718 VEF (High: 3.2143 / Low: 3.1425). On the other end, August was the most stable month, with a tight range of 0.0155 VEF (High: 3.1565 / Low: 3.1411).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2016. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0363 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2016: 3.1946) against the same month in 2015 (average: 2.3598), the exchange rate shifted by +0.8347 (+35.37%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 2.1059 | 2.0724 | 2.0961 |
| February | 2.0965 | 2.0537 | 2.0789 |
| March | 2.0891 | 2.0407 | 2.0643 |
| April | 3.2329 | 3.1654 | 3.1946 |
| May | 3.2143 | 3.1425 | 3.1582 |
| June | 3.1934 | 3.1464 | 3.1577 |
| July | 3.1767 | 3.1389 | 3.1554 |
| August | 3.1565 | 3.1411 | 3.1502 |
| September | 3.1613 | 3.1276 | 3.1473 |
| October | 3.1640 | 3.1264 | 3.1481 |
| November | 3.1577 | 3.1282 | 3.1454 |
| December | 3.1615 | 3.1041 | 3.1469 |