YEARLY HIGH
0.0055 PGK
YEARLY LOW
0.0048 PGK
YEARLY AVERAGE
0.0051 PGK

2018 CLP to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the CLP to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 24, valuing the pair at 0.0055. Conversely, the yearly low was recorded on September 11, dropping to 0.0048.

This high-to-low spread represents a total annual volatility of 0.0007 PGK. From a start-to-finish perspective, comparing the January average rate of 0.0053 to the December average rate of 0.0049, the exchange rate registered a net change of -7.60% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0055 was up 5.08% compared to the 2017 peak of 0.0052, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 CLP based on timing:

Yearly Peak High 5,499 PGK
2017 Average 4,920 PGK
Yearly Trough Low 4,770 PGK
Transaction Impact: A difference of 728.74 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0055
0.0048
JanuMarcMayJulySeptNove

CLP 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 0.0053, compared to 0.0050 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0053
H2 Avg (Jul–Dec) 0.0050

Volatility Range Comparison

Volatility

The most volatile month in 2018 was September, with a trading range of 0.0003 PGK (High: 0.0051 / Low: 0.0048). On the other end, March was the most stable month, with a tight range of 0.0001 PGK (High: 0.0054 / Low: 0.0053).

September Spread (Volatile) ±0.0003
March Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between September and November, 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 April and May, when the average rate fell by 0.0002 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 0.0054) against the same month in 2017 (average: 0.0049), the exchange rate shifted by +0.0005 (+9.63%).

2018 Avg (February) 0.0054
2017 Avg (February) 0.0049

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0054 0.0052 0.0053
February 0.0055 0.0053 0.0054
March 0.0054 0.0053 0.0053
April 0.0055 0.0053 0.0054
May 0.0053 0.0051 0.0052
June 0.0053 0.0050 0.0051
July 0.0052 0.0050 0.0050
August 0.0051 0.0049 0.0050
September 0.0051 0.0048 0.0049
October 0.0051 0.0048 0.0049
November 0.0051 0.0049 0.0050
December 0.0050 0.0048 0.0049