2016 PGK to XAF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 PGK to XAF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the PGK to XAF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 202.8273. Conversely, the yearly low was recorded on May 3, dropping to 179.8906.
This high-to-low spread represents a total annual volatility of 22.9367 XAF. From a start-to-finish perspective, comparing the January average rate of 200.4207 to the December average rate of 196.2640, the exchange rate registered a net change of -2.07% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 202.8273 was down 13.94% compared to the 2015 peak of 235.6943, 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 XAF 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 190.3567, compared to 188.9710 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.3857 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was March, with a trading range of 11.5095 XAF (High: 198.6242 / Low: 187.1147). On the other end, September was the most stable month, with a tight range of 3.1215 XAF (High: 186.2473 / Low: 183.1258).
Growth Streaks & Declines
TrendsBetween 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 6.9817 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2016: 200.4207) against the same month in 2015 (average: 217.0982), the exchange rate shifted by -16.6775 (-7.68%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 202.8273 | 198.6825 | 200.4207 |
| February | 198.8337 | 190.4932 | 194.5111 |
| March | 198.6242 | 187.1147 | 192.4605 |
| April | 187.9205 | 182.2776 | 185.4788 |
| May | 188.4580 | 179.8906 | 184.0361 |
| June | 190.1308 | 182.3014 | 185.2329 |
| July | 189.7506 | 185.3297 | 187.6943 |
| August | 187.3976 | 183.0250 | 185.2681 |
| September | 186.2473 | 183.1258 | 184.9454 |
| October | 190.7173 | 183.7924 | 187.8866 |
| November | 195.7419 | 186.2334 | 191.7675 |
| December | 198.8487 | 191.7672 | 196.2640 |