YEARLY HIGH
1.1256 PGK
YEARLY LOW
0.8938 PGK
YEARLY AVERAGE
1.0386 PGK

2016 TRY to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the TRY to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 1.1256. Conversely, the yearly low was recorded on December 4, dropping to 0.8938.

This high-to-low spread represents a total annual volatility of 0.2319 PGK. From a start-to-finish perspective, comparing the January average rate of 1.0048 to the December average rate of 0.9061, the exchange rate registered a net change of -9.83% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.1256 was down 0.91% compared to the 2015 peak of 1.1359, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 56,282 PGK
2015 Average 50,902 PGK
Yearly Trough Low 44,688 PGK
Transaction Impact: A difference of 11,594.11 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.1205
0.8866
JanuMarcMayJulySeptNove

TRY 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 1.0597, compared to 1.0176 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0421 points.

H1 Avg (Jan–Jun) 1.0597
H2 Avg (Jul–Dec) 1.0176

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0985 PGK (High: 1.0177 / Low: 0.9192). On the other end, February was the most stable month, with a tight range of 0.0240 PGK (High: 1.0433 / Low: 1.0193).

November Spread (Volatile) ±0.0985
February Spread (Stable) ±0.0240

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 0.0678 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0678

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2016: 1.1010) against the same month in 2015 (average: 1.0099), the exchange rate shifted by +0.0911 (+9.02%).

2016 Avg (April) 1.1010
2015 Avg (April) 1.0099

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.0336 0.9895 1.0048
February 1.0433 1.0193 1.0323
March 1.0947 1.0314 1.0632
April 1.1256 1.0877 1.1010
May 1.1242 1.0565 1.0732
June 1.0995 1.0644 1.0834
July 1.0954 1.0275 1.0657
August 1.0830 1.0522 1.0697
September 1.0817 1.0561 1.0683
October 1.0579 1.0164 1.0318
November 1.0177 0.9192 0.9640
December 0.9344 0.8938 0.9061