2016 PGK to XOF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 PGK to XOF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the PGK to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 22, valuing the pair at 203.4378. Conversely, the yearly low was recorded on May 3, dropping to 180.4109.
This high-to-low spread represents a total annual volatility of 23.0268 XOF. From a start-to-finish perspective, comparing the January average rate of 201.3578 to the December average rate of 196.0794, the exchange rate registered a net change of -2.62% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 203.4378 was down 13.61% compared to the 2015 peak of 235.4991, 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 XOF 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 191.2864, compared to 189.2398 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.0466 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was March, with a trading range of 11.5138 XOF (High: 199.8069 / Low: 188.2932). On the other end, September was the most stable month, with a tight range of 3.2197 XOF (High: 186.5362 / Low: 183.3164).
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 6.8984 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2016: 201.3578) against the same month in 2015 (average: 216.9606), the exchange rate shifted by -15.6028 (-7.19%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 203.4378 | 199.6516 | 201.3578 |
| February | 199.6911 | 191.4883 | 195.7090 |
| March | 199.8069 | 188.2932 | 193.4245 |
| April | 189.0384 | 183.8946 | 186.5261 |
| May | 189.1746 | 180.4109 | 185.0049 |
| June | 190.2269 | 182.5246 | 185.6961 |
| July | 189.8963 | 185.3550 | 188.0719 |
| August | 187.9818 | 183.2123 | 185.7211 |
| September | 186.5362 | 183.3164 | 185.2449 |
| October | 191.1519 | 184.7656 | 188.2657 |
| November | 195.5624 | 187.4945 | 192.0558 |
| December | 198.6069 | 191.3529 | 196.0794 |