2018 BND to PGK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 BND to PGK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the BND to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 11, valuing the pair at 2.4868. Conversely, the yearly low was recorded on December 15, dropping to 2.1249.
This high-to-low spread represents a total annual volatility of 0.3619 PGK. From a start-to-finish perspective, comparing the January average rate of 2.4384 to the December average rate of 2.1462, the exchange rate registered a net change of -11.98% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 2.4868 was up 3.23% compared to the 2017 peak of 2.4088, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BND based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
BND 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 2.4158, compared to 2.2689 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1470 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was December, with a trading range of 0.3322 PGK (High: 2.4571 / Low: 2.1249). On the other end, April was the most stable month, with a tight range of 0.0463 PGK (High: 2.4808 / Low: 2.4345).
Growth Streaks & Declines
TrendsBetween February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.1712 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2018: 2.4171) against the same month in 2017 (average: 2.2815), the exchange rate shifted by +0.1356 (+5.94%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 2.4710 | 2.4009 | 2.4384 |
| February | 2.4674 | 2.4092 | 2.4372 |
| March | 2.4786 | 2.4169 | 2.4508 |
| April | 2.4808 | 2.4345 | 2.4654 |
| May | 2.4868 | 2.2313 | 2.4171 |
| June | 2.4613 | 2.1527 | 2.2861 |
| July | 2.4522 | 2.1710 | 2.3225 |
| August | 2.4247 | 2.1765 | 2.1979 |
| September | 2.4377 | 2.1835 | 2.2504 |
| October | 2.4289 | 2.3667 | 2.3787 |
| November | 2.4507 | 2.1256 | 2.3174 |
| December | 2.4571 | 2.1249 | 2.1462 |