YEARLY HIGH
0.8837 PGK
YEARLY LOW
0.8242 PGK
YEARLY AVERAGE
0.8599 PGK

2016 QAR to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the QAR to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 8, valuing the pair at 0.8837. Conversely, the yearly low was recorded on January 7, dropping to 0.8242.

This high-to-low spread represents a total annual volatility of 0.0596 PGK. From a start-to-finish perspective, comparing the January average rate of 0.8280 to the December average rate of 0.8716, the exchange rate registered a net change of 5.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.8837 was up 6.83% compared to the 2015 peak of 0.8273, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 QAR based on timing:

Yearly Peak High 4,419 PGK
2015 Average 3,799 PGK
Yearly Trough Low 4,121 PGK
Transaction Impact: A difference of 297.93 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.8760
0.8236
JanuMarcMayJulySeptNove

QAR to PGK Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.8494, compared to 0.8704 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0210 points.

H1 Avg (Jan–Jun) 0.8494
H2 Avg (Jul–Dec) 0.8704

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.0190 PGK (High: 0.8716 / Low: 0.8526). On the other end, August was the most stable month, with a tight range of 0.0041 PGK (High: 0.8724 / Low: 0.8682).

May Spread (Volatile) ±0.0190
August Spread (Stable) ±0.0041

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0003 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.8716) against the same month in 2015 (average: 0.8197), the exchange rate shifted by +0.0519 (+6.33%).

2016 Avg (December) 0.8716
2015 Avg (December) 0.8197

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8372 0.8242 0.8280
February 0.8446 0.8281 0.8348
March 0.8486 0.8308 0.8413
April 0.8654 0.8472 0.8574
May 0.8716 0.8526 0.8672
June 0.8708 0.8568 0.8675
July 0.8728 0.8642 0.8689
August 0.8724 0.8682 0.8698
September 0.8762 0.8669 0.8706
October 0.8764 0.8660 0.8703
November 0.8762 0.8678 0.8712
December 0.8837 0.8669 0.8716