YEARLY HIGH
0.0289 PGK
YEARLY LOW
0.0230 PGK
YEARLY AVERAGE
0.0260 PGK

2016 ISK to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ISK to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 8, valuing the pair at 0.0289. Conversely, the yearly low was recorded on January 6, dropping to 0.0230.

This high-to-low spread represents a total annual volatility of 0.0060 PGK. From a start-to-finish perspective, comparing the January average rate of 0.0232 to the December average rate of 0.0282, the exchange rate registered a net change of 21.48% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0289 was up 23.60% compared to the 2015 peak of 0.0234, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 145 PGK
2015 Average 105 PGK
Yearly Trough Low 115 PGK
Transaction Impact: A difference of 29.81 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0288
0.0227
JanuMarcMayJulySeptNove

ISK 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 0.0246, compared to 0.0274 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0029 points.

H1 Avg (Jan–Jun) 0.0246
H2 Avg (Jul–Dec) 0.0274

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 0.0016 PGK (High: 0.0250 / Low: 0.0234). On the other end, October was the most stable month, with a tight range of 0.0004 PGK (High: 0.0280 / Low: 0.0276).

March Spread (Volatile) ±0.0016
October Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between January and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0001 points.

Longest Streak 10 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.0282) against the same month in 2015 (average: 0.0230), the exchange rate shifted by +0.0052 (+22.39%).

2016 Avg (December) 0.0282
2015 Avg (December) 0.0230

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0234 0.0230 0.0232
February 0.0242 0.0234 0.0238
March 0.0250 0.0234 0.0242
April 0.0257 0.0249 0.0252
May 0.0261 0.0250 0.0255
June 0.0259 0.0249 0.0256
July 0.0265 0.0256 0.0259
August 0.0272 0.0263 0.0268
September 0.0279 0.0273 0.0276
October 0.0280 0.0276 0.0278
November 0.0288 0.0280 0.0283
December 0.0289 0.0277 0.0282