YEARLY HIGH
1.3772 PGK
YEARLY LOW
1.2386 PGK
YEARLY AVERAGE
1.3233 PGK

2018 GEL to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the GEL to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 14, valuing the pair at 1.3772. Conversely, the yearly low was recorded on January 1, dropping to 1.2386.

This high-to-low spread represents a total annual volatility of 0.1386 PGK. From a start-to-finish perspective, comparing the January average rate of 1.2601 to the December average rate of 1.2645, the exchange rate registered a net change of 0.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.3772 was up 0.22% compared to the 2017 peak of 1.3742, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,886 PGK
2017 Average 6,393 PGK
Yearly Trough Low 6,193 PGK
Transaction Impact: A difference of 693.02 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.3792
1.2493
JanuMarcMayJulySeptNove

GEL 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 1.3135, compared to 1.3331 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0196 points.

H1 Avg (Jan–Jun) 1.3135
H2 Avg (Jul–Dec) 1.3331

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.1190 PGK (High: 1.3772 / Low: 1.2582). On the other end, October was the most stable month, with a tight range of 0.0084 PGK (High: 1.3723 / Low: 1.3639).

November Spread (Volatile) ±0.1190
October Spread (Stable) ±0.0084

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 November and December, when the average rate fell by 0.0642 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0642

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 1.3287) against the same month in 2017 (average: 1.2439), the exchange rate shifted by +0.0848 (+6.82%).

2018 Avg (November) 1.3287
2017 Avg (November) 1.2439

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.3021 1.2386 1.2601
February 1.3241 1.2949 1.3079
March 1.3335 1.2968 1.3176
April 1.3448 1.3173 1.3314
May 1.3484 1.3171 1.3306
June 1.3458 1.3231 1.3332
July 1.3486 1.3370 1.3432
August 1.3547 1.3316 1.3409
September 1.3601 1.3305 1.3528
October 1.3723 1.3639 1.3684
November 1.3772 1.2582 1.3287
December 1.2723 1.2555 1.2645