YEARLY HIGH
2.3659 PGK
YEARLY LOW
2.0896 PGK
YEARLY AVERAGE
2.2694 PGK

2016 BND to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the BND to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 8, valuing the pair at 2.3659. Conversely, the yearly low was recorded on January 10, dropping to 2.0896.

This high-to-low spread represents a total annual volatility of 0.2763 PGK. From a start-to-finish perspective, comparing the January average rate of 2.1065 to the December average rate of 2.2099, 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 2.3659 was up 10.46% compared to the 2015 peak of 2.1419, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,830 PGK
2015 Average 10,062 PGK
Yearly Trough Low 10,448 PGK
Transaction Impact: A difference of 1,381.70 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

2.3746
2.0822
JanuMarcMayJulySeptNove

BND 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 2.2425, compared to 2.2963 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0538 points.

H1 Avg (Jan–Jun) 2.2425
H2 Avg (Jul–Dec) 2.2963

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 0.1227 PGK (High: 2.2869 / Low: 2.1643). On the other end, January was the most stable month, with a tight range of 0.0426 PGK (High: 2.1322 / Low: 2.0896).

March Spread (Volatile) ±0.1227
January Spread (Stable) ±0.0426

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 0.0435 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0435

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2016: 2.3326) against the same month in 2015 (average: 2.0023), the exchange rate shifted by +0.3303 (+16.50%).

2016 Avg (September) 2.3326
2015 Avg (September) 2.0023

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.1322 2.0896 2.1065
February 2.1887 2.1263 2.1649
March 2.2869 2.1643 2.2341
April 2.3466 2.2767 2.3127
May 2.3512 2.2634 2.3057
June 2.3499 2.2921 2.3309
July 2.3638 2.3152 2.3438
August 2.3653 2.3225 2.3502
September 2.3659 2.3144 2.3326
October 2.3361 2.2713 2.2924
November 2.3087 2.2179 2.2489
December 2.2553 2.1821 2.2099