2016 PGK to YER Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 PGK to YER Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the PGK to YER exchange rate experienced significant fluctuation. The market reached its absolute peak on April 13, valuing the pair at 80.8414. Conversely, the yearly low was recorded on April 8, dropping to 68.8614.
This high-to-low spread represents a total annual volatility of 11.9800 YER. From a start-to-finish perspective, comparing the January average rate of 71.3075 to the December average rate of 78.8184, the exchange rate registered a net change of 10.53% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 80.8414 was down 2.98% compared to the 2015 peak of 83.3243, 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 YER 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 74.5771, compared to 78.9017 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.3246 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was April, with a trading range of 11.9800 YER (High: 80.8414 / Low: 68.8614). On the other end, August was the most stable month, with a tight range of 0.4595 YER (High: 79.1192 / Low: 78.6596).
Growth Streaks & Declines
TrendsBetween March and May, 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 January and February, when the average rate fell by 0.5810 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2016: 77.0644) against the same month in 2015 (average: 80.3174), the exchange rate shifted by -3.2530 (-4.05%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 71.6866 | 70.5107 | 71.3075 |
| February | 71.3134 | 69.8956 | 70.7265 |
| March | 71.0821 | 69.5531 | 70.1729 |
| April | 80.8414 | 68.8614 | 77.0644 |
| May | 80.5688 | 78.6763 | 79.1096 |
| June | 79.8978 | 78.7233 | 79.0816 |
| July | 79.4087 | 78.6644 | 79.0215 |
| August | 79.1192 | 78.6596 | 78.9468 |
| September | 79.2438 | 78.3971 | 78.8965 |
| October | 79.2954 | 78.3595 | 78.9058 |
| November | 79.1494 | 78.4077 | 78.8212 |
| December | 79.2293 | 77.7333 | 78.8184 |