YEARLY HIGH
0.1214 PGK
YEARLY LOW
0.1159 PGK
YEARLY AVERAGE
0.1188 PGK

2018 ETB to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ETB to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 14, valuing the pair at 0.1214. Conversely, the yearly low was recorded on February 17, dropping to 0.1159.

This high-to-low spread represents a total annual volatility of 0.0056 PGK. From a start-to-finish perspective, comparing the January average rate of 0.1174 to the December average rate of 0.1194, the exchange rate registered a net change of 1.71% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.1214 was down 15.06% compared to the 2017 peak of 0.1430, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 607 PGK
2017 Average 669 PGK
Yearly Trough Low 579 PGK
Transaction Impact: A difference of 27.86 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.1205
0.1167
JanuMarcMayJulySeptNove

ETB 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 0.1179, compared to 0.1197 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0019 points.

H1 Avg (Jan–Jun) 0.1179
H2 Avg (Jul–Dec) 0.1197

Volatility Range Comparison

Volatility

The most volatile month in 2018 was March, with a trading range of 0.0027 PGK (High: 0.1187 / Low: 0.1159). On the other end, May was the most stable month, with a tight range of 0.0014 PGK (High: 0.1196 / Low: 0.1181).

March Spread (Volatile) ±0.0027
May Spread (Stable) ±0.0014

Growth Streaks & Declines

Trends

Between February and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0005 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2018: 0.1202) against the same month in 2017 (average: 0.1242), the exchange rate shifted by -0.0040 (-3.25%).

2018 Avg (October) 0.1202
2017 Avg (October) 0.1242

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1183 0.1162 0.1174
February 0.1183 0.1159 0.1170
March 0.1187 0.1159 0.1172
April 0.1190 0.1169 0.1181
May 0.1196 0.1181 0.1187
June 0.1203 0.1178 0.1187
July 0.1203 0.1184 0.1192
August 0.1201 0.1187 0.1197
September 0.1209 0.1189 0.1198
October 0.1214 0.1188 0.1202
November 0.1207 0.1186 0.1199
December 0.1208 0.1184 0.1194