2016 PGK to ZMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 PGK to ZMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the PGK to ZMK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 1750.2958. Conversely, the yearly low was recorded on December 8, dropping to 1632.4291.
This high-to-low spread represents a total annual volatility of 117.8667 ZMK. From a start-to-finish perspective, comparing the January average rate of 1742.0581 to the December average rate of 1654.8762, the exchange rate registered a net change of -5.00% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 1750.2958 was down 14.01% compared to the 2015 peak of 2035.4429, 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 ZMK 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 1698.9697, compared to 1656.1977 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 42.7720 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was May, with a trading range of 37.6429 ZMK (High: 1692.9840 / Low: 1655.3411). On the other end, August was the most stable month, with a tight range of 13.5366 ZMK (High: 1661.7045 / Low: 1648.1679).
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 March and April, when the average rate fell by 31.9367 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2016: 1742.0581) against the same month in 2015 (average: 2019.9752), the exchange rate shifted by -277.9172 (-13.76%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1750.2958 | 1723.3509 | 1742.0581 |
| February | 1742.4291 | 1707.4758 | 1727.8679 |
| March | 1736.2668 | 1699.7394 | 1714.4917 |
| April | 1702.7013 | 1667.4180 | 1682.5550 |
| May | 1692.9840 | 1655.3411 | 1663.5839 |
| June | 1681.9935 | 1656.9077 | 1663.2616 |
| July | 1667.6403 | 1642.6841 | 1654.3942 |
| August | 1661.7045 | 1648.1679 | 1657.9542 |
| September | 1663.9024 | 1646.2092 | 1656.8806 |
| October | 1665.8053 | 1645.5516 | 1657.2985 |
| November | 1661.8228 | 1646.1705 | 1655.7825 |
| December | 1664.0112 | 1632.4291 | 1654.8762 |