YEARLY HIGH
0.0365 PGK
YEARLY LOW
0.0340 PGK
YEARLY AVERAGE
0.0351 PGK

2018 CVE to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the CVE to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 19, valuing the pair at 0.0365. Conversely, the yearly low was recorded on August 14, dropping to 0.0340.

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 0.0355 to the December average rate of 0.0346, the exchange rate registered a net change of -2.39% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0365 was up 4.33% compared to the 2017 peak of 0.0350, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 183 PGK
2017 Average 163 PGK
Yearly Trough Low 170 PGK
Transaction Impact: A difference of 12.71 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0361
0.0344
JanuMarcMayJulySeptNove

CVE 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 0.0355, compared to 0.0347 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0355
H2 Avg (Jul–Dec) 0.0347

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.0016 PGK (High: 0.0364 / Low: 0.0348). On the other end, November was the most stable month, with a tight range of 0.0006 PGK (High: 0.0349 / Low: 0.0343).

January Spread (Volatile) ±0.0016
November Spread (Stable) ±0.0006

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 0.0010 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 0.0359) against the same month in 2017 (average: 0.0304), the exchange rate shifted by +0.0055 (+17.97%).

2018 Avg (February) 0.0359
2017 Avg (February) 0.0304

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0364 0.0348 0.0355
February 0.0365 0.0352 0.0359
March 0.0364 0.0355 0.0359
April 0.0364 0.0356 0.0360
May 0.0356 0.0342 0.0350
June 0.0350 0.0341 0.0345
July 0.0351 0.0344 0.0348
August 0.0351 0.0340 0.0346
September 0.0354 0.0348 0.0350
October 0.0352 0.0343 0.0348
November 0.0349 0.0343 0.0346
December 0.0351 0.0342 0.0346