YEARLY HIGH
0.1474 PGK
YEARLY LOW
0.1352 PGK
YEARLY AVERAGE
0.1375 PGK

2018 HNL to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the HNL to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 5, valuing the pair at 0.1474. Conversely, the yearly low was recorded on June 16, dropping to 0.1352.

This high-to-low spread represents a total annual volatility of 0.0122 PGK. From a start-to-finish perspective, comparing the January average rate of 0.1364 to the December average rate of 0.1388, the exchange rate registered a net change of 1.76% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.1474 was up 4.92% compared to the 2017 peak of 0.1405, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 737 PGK
2017 Average 680 PGK
Yearly Trough Low 676 PGK
Transaction Impact: A difference of 60.95 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.1394
0.1360
JanuMarcMayJulySeptNove

HNL 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 0.1367, compared to 0.1382 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.1367
H2 Avg (Jul–Dec) 0.1382

Volatility Range Comparison

Volatility

The most volatile month in 2018 was December, with a trading range of 0.0100 PGK (High: 0.1474 / Low: 0.1374). On the other end, July was the most stable month, with a tight range of 0.0011 PGK (High: 0.1375 / Low: 0.1364).

December Spread (Volatile) ±0.0100
July Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

Between June and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0008 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 0.1388) against the same month in 2017 (average: 0.1361), the exchange rate shifted by +0.0027 (+1.97%).

2018 Avg (December) 0.1388
2017 Avg (December) 0.1361

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1372 0.1354 0.1364
February 0.1375 0.1353 0.1363
March 0.1374 0.1353 0.1364
April 0.1378 0.1359 0.1371
May 0.1385 0.1366 0.1373
June 0.1388 0.1352 0.1365
July 0.1375 0.1364 0.1371
August 0.1383 0.1370 0.1378
September 0.1386 0.1374 0.1382
October 0.1397 0.1384 0.1391
November 0.1393 0.1374 0.1383
December 0.1474 0.1374 0.1388