YEARLY HIGH
2.0616 PGK
YEARLY LOW
1.9222 PGK
YEARLY AVERAGE
1.9843 PGK

2018 BGN to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the BGN to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 2.0616. Conversely, the yearly low was recorded on August 15, dropping to 1.9222.

This high-to-low spread represents a total annual volatility of 0.1394 PGK. From a start-to-finish perspective, comparing the January average rate of 2.0102 to the December average rate of 1.9581, the exchange rate registered a net change of -2.59% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 2.0616 was up 4.06% compared to the 2017 peak of 1.9812, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,308 PGK
2017 Average 9,218 PGK
Yearly Trough Low 9,611 PGK
Transaction Impact: A difference of 696.87 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

2.0456
1.9420
JanuMarcMayJulySeptNove

BGN 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 2.0065, compared to 1.9621 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0444 points.

H1 Avg (Jan–Jun) 2.0065
H2 Avg (Jul–Dec) 1.9621

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 0.0824 PGK (High: 2.0097 / Low: 1.9273). On the other end, July was the most stable month, with a tight range of 0.0258 PGK (High: 1.9781 / Low: 1.9523).

May Spread (Volatile) ±0.0824
July Spread (Stable) ±0.0258

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 0.0626 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0626

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 2.0314) against the same month in 2017 (average: 1.7205), the exchange rate shifted by +0.3109 (+18.07%).

2018 Avg (February) 2.0314
2017 Avg (February) 1.7205

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.0445 1.9699 2.0102
February 2.0616 1.9919 2.0314
March 2.0566 2.0118 2.0325
April 2.0573 2.0122 2.0370
May 2.0097 1.9273 1.9744
June 1.9771 1.9313 1.9537
July 1.9781 1.9523 1.9651
August 1.9855 1.9222 1.9521
September 1.9994 1.9550 1.9795
October 1.9878 1.9399 1.9674
November 1.9736 1.9266 1.9507
December 1.9830 1.9356 1.9581