YEARLY HIGH
0.2389 PGK
YEARLY LOW
0.1785 PGK
YEARLY AVERAGE
0.2138 PGK

2016 ZAR to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ZAR to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 8, valuing the pair at 0.2389. Conversely, the yearly low was recorded on January 18, dropping to 0.1785.

This high-to-low spread represents a total annual volatility of 0.0604 PGK. From a start-to-finish perspective, comparing the January average rate of 0.1853 to the December average rate of 0.2290, the exchange rate registered a net change of 23.55% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.2389 was up 2.82% compared to the 2015 peak of 0.2323, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,944 PGK
2015 Average 10,865 PGK
Yearly Trough Low 8,926 PGK
Transaction Impact: A difference of 3,017.67 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.2346
0.1808
JanuMarcMayJulySeptNove

ZAR 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 0.2012, compared to 0.2264 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0253 points.

H1 Avg (Jan–Jun) 0.2012
H2 Avg (Jul–Dec) 0.2264

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.0232 PGK (High: 0.2209 / Low: 0.1977). On the other end, December was the most stable month, with a tight range of 0.0114 PGK (High: 0.2359 / Low: 0.2244).

May Spread (Volatile) ±0.0232
December Spread (Stable) ±0.0114

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 April and May, when the average rate fell by 0.0073 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0073

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2016: 0.2270) against the same month in 2015 (average: 0.2084), the exchange rate shifted by +0.0187 (+8.96%).

2016 Avg (November) 0.2270
2015 Avg (November) 0.2084

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1947 0.1785 0.1853
February 0.2005 0.1878 0.1924
March 0.2092 0.1935 0.1995
April 0.2214 0.2044 0.2137
May 0.2209 0.1977 0.2064
June 0.2175 0.2024 0.2095
July 0.2286 0.2146 0.2198
August 0.2376 0.2162 0.2301
September 0.2349 0.2169 0.2252
October 0.2336 0.2214 0.2276
November 0.2389 0.2196 0.2270
December 0.2359 0.2244 0.2290