YEARLY HIGH
0.0019 PGK
YEARLY LOW
0.0018 PGK
YEARLY AVERAGE
0.0018 PGK

2018 BIF to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the BIF to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 8, valuing the pair at 0.0019. Conversely, the yearly low was recorded on March 10, dropping to 0.0018.

This high-to-low spread represents a total annual volatility of 0.0001 PGK. From a start-to-finish perspective, comparing the January average rate of 0.0018 to the December average rate of 0.0019, the exchange rate registered a net change of 1.90% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0019 was down 2.42% compared to the 2017 peak of 0.0019, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9 PGK
2017 Average 9 PGK
Yearly Trough Low 9 PGK
Transaction Impact: A difference of 0.49 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0019
0.0018
JanuMarcMayJulySeptNove

BIF 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 0.0018, compared to 0.0019 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0018
H2 Avg (Jul–Dec) 0.0019

Volatility Range Comparison

Volatility

The most volatile month in 2018 was March, with a trading range of 0.0001 PGK (High: 0.0018 / Low: 0.0018). On the other end, September was the most stable month, with a tight range of 0.0000 PGK (High: 0.0019 / Low: 0.0019).

March Spread (Volatile) ±0.0001
September Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between February and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0000 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2018: 0.0019) against the same month in 2017 (average: 0.0018), the exchange rate shifted by +0.0000 (+2.53%).

2018 Avg (October) 0.0019
2017 Avg (October) 0.0018

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0018 0.0018 0.0018
February 0.0018 0.0018 0.0018
March 0.0018 0.0018 0.0018
April 0.0018 0.0018 0.0018
May 0.0019 0.0018 0.0018
June 0.0019 0.0018 0.0018
July 0.0019 0.0018 0.0019
August 0.0019 0.0018 0.0019
September 0.0019 0.0019 0.0019
October 0.0019 0.0018 0.0019
November 0.0019 0.0018 0.0019
December 0.0019 0.0018 0.0019