2018 ALL to PGK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 ALL to PGK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the ALL to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.0314. Conversely, the yearly low was recorded on January 9, dropping to 0.0289.
This high-to-low spread represents a total annual volatility of 0.0025 PGK. From a start-to-finish perspective, comparing the January average rate of 0.0294 to the December average rate of 0.0310, the exchange rate registered a net change of 5.38% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 0.0314 was up 8.12% compared to the 2017 peak of 0.0290, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ALL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
ALL to PGK Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 0.0302, compared to 0.0306 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was March, with a trading range of 0.0012 PGK (High: 0.0310 / Low: 0.0297). On the other end, July was the most stable month, with a tight range of 0.0005 PGK (High: 0.0307 / Low: 0.0302).
Growth Streaks & Declines
TrendsBetween 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 0.0004 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2018: 0.0310) against the same month in 2017 (average: 0.0286), the exchange rate shifted by +0.0024 (+8.56%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 0.0300 | 0.0289 | 0.0294 |
| February | 0.0304 | 0.0294 | 0.0299 |
| March | 0.0310 | 0.0297 | 0.0303 |
| April | 0.0312 | 0.0303 | 0.0308 |
| May | 0.0310 | 0.0298 | 0.0304 |
| June | 0.0310 | 0.0299 | 0.0303 |
| July | 0.0307 | 0.0302 | 0.0305 |
| August | 0.0308 | 0.0299 | 0.0304 |
| September | 0.0309 | 0.0303 | 0.0306 |
| October | 0.0310 | 0.0304 | 0.0307 |
| November | 0.0309 | 0.0303 | 0.0306 |
| December | 0.0314 | 0.0307 | 0.0310 |