YEARLY HIGH
2.3676 PGK
YEARLY LOW
2.0811 PGK
YEARLY AVERAGE
2.2689 PGK

2016 SGD to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the SGD to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 31, valuing the pair at 2.3676. Conversely, the yearly low was recorded on January 10, dropping to 2.0811.

This high-to-low spread represents a total annual volatility of 0.2865 PGK. From a start-to-finish perspective, comparing the January average rate of 2.1061 to the December average rate of 2.2094, the exchange rate registered a net change of 4.90% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 2.3676 was up 10.94% compared to the 2015 peak of 2.1341, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,838 PGK
2015 Average 10,060 PGK
Yearly Trough Low 10,406 PGK
Transaction Impact: A difference of 1,432.52 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

2.3736
2.0818
JanuMarcMayJulySeptNove

SGD 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 2.2420, compared to 2.2957 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0537 points.

H1 Avg (Jan–Jun) 2.2420
H2 Avg (Jul–Dec) 2.2957

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 0.1245 PGK (High: 2.2906 / Low: 2.1661). On the other end, August was the most stable month, with a tight range of 0.0424 PGK (High: 2.3643 / Low: 2.3219).

March Spread (Volatile) ±0.1245
August Spread (Stable) ±0.0424

Growth Streaks & Declines

Trends

Between January and April, 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 October and November, when the average rate fell by 0.0438 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0438

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2016: 2.3444) against the same month in 2015 (average: 2.0276), the exchange rate shifted by +0.3168 (+15.62%).

2016 Avg (July) 2.3444
2015 Avg (July) 2.0276

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.1405 2.0811 2.1061
February 2.1913 2.1264 2.1640
March 2.2906 2.1661 2.2335
April 2.3434 2.2777 2.3117
May 2.3498 2.2616 2.3044
June 2.3515 2.2949 2.3326
July 2.3676 2.3170 2.3444
August 2.3643 2.3219 2.3493
September 2.3631 2.3155 2.3318
October 2.3286 2.2703 2.2915
November 2.2893 2.2146 2.2478
December 2.2613 2.1813 2.2094