YEARLY HIGH
1.1189 TRY
YEARLY LOW
0.8884 TRY
YEARLY AVERAGE
0.9658 TRY

2016 PGK to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the PGK to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 4, valuing the pair at 1.1189. Conversely, the yearly low was recorded on April 30, dropping to 0.8884.

This high-to-low spread represents a total annual volatility of 0.2305 TRY. From a start-to-finish perspective, comparing the January average rate of 0.9954 to the December average rate of 1.1038, the exchange rate registered a net change of 10.88% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.1189 was up 2.77% compared to the 2015 peak of 1.0887, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,594 TRY
2015 Average 4,920 TRY
Yearly Trough Low 4,442 TRY
Transaction Impact: A difference of 1,152.43 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.1233
0.8888
JanuMarcMayJulySeptNove

PGK to TRY 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 0.9447, compared to 0.9869 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0422 points.

H1 Avg (Jan–Jun) 0.9447
H2 Avg (Jul–Dec) 0.9869

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.1053 TRY (High: 1.0879 / Low: 0.9826). On the other end, September was the most stable month, with a tight range of 0.0223 TRY (High: 0.9468 / Low: 0.9245).

November Spread (Volatile) ±0.1053
September Spread (Stable) ±0.0223

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0324 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0324

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 1.1038) against the same month in 2015 (average: 0.9788), the exchange rate shifted by +0.1250 (+12.77%).

2016 Avg (December) 1.1038
2015 Avg (December) 0.9788

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.0106 0.9675 0.9954
February 0.9811 0.9585 0.9688
March 0.9695 0.9135 0.9407
April 0.9194 0.8884 0.9083
May 0.9465 0.8895 0.9320
June 0.9395 0.9095 0.9231
July 0.9732 0.9129 0.9388
August 0.9504 0.9233 0.9349
September 0.9468 0.9245 0.9361
October 0.9838 0.9453 0.9692
November 1.0879 0.9826 1.0385
December 1.1189 1.0702 1.1038