YEARLY HIGH
0.0331 PGK
YEARLY LOW
0.0268 PGK
YEARLY AVERAGE
0.0305 PGK

2018 ISK to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ISK to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 27, valuing the pair at 0.0331. Conversely, the yearly low was recorded on November 29, dropping to 0.0268.

This high-to-low spread represents a total annual volatility of 0.0063 PGK. From a start-to-finish perspective, comparing the January average rate of 0.0314 to the December average rate of 0.0280, the exchange rate registered a net change of -10.90% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0331 was up 1.15% compared to the 2017 peak of 0.0327, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 166 PGK
2017 Average 150 PGK
Yearly Trough Low 134 PGK
Transaction Impact: A difference of 31.33 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0331
0.0268
JanuMarcMayJulySeptNove

ISK 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 0.0317, compared to 0.0293 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0025 points.

H1 Avg (Jan–Jun) 0.0317
H2 Avg (Jul–Dec) 0.0293

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 0.0023 PGK (High: 0.0298 / Low: 0.0276). On the other end, August was the most stable month, with a tight range of 0.0008 PGK (High: 0.0311 / Low: 0.0303).

October Spread (Volatile) ±0.0023
August Spread (Stable) ±0.0008

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 September and October, when the average rate fell by 0.0015 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2018: 0.0324) against the same month in 2017 (average: 0.0290), the exchange rate shifted by +0.0034 (+11.60%).

2018 Avg (March) 0.0324
2017 Avg (March) 0.0290

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0320 0.0308 0.0314
February 0.0323 0.0313 0.0319
March 0.0331 0.0318 0.0324
April 0.0330 0.0321 0.0326
May 0.0321 0.0306 0.0314
June 0.0317 0.0299 0.0306
July 0.0315 0.0305 0.0309
August 0.0311 0.0303 0.0307
September 0.0308 0.0293 0.0301
October 0.0298 0.0276 0.0286
November 0.0278 0.0268 0.0273
December 0.0291 0.0272 0.0280