2018 JOD to PGK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 JOD to PGK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the JOD to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 4.7801. Conversely, the yearly low was recorded on February 23, dropping to 4.5032.
This high-to-low spread represents a total annual volatility of 0.2770 PGK. From a start-to-finish perspective, comparing the January average rate of 4.5416 to the December average rate of 4.7435, the exchange rate registered a net change of 4.44% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 4.7801 was up 3.15% compared to the 2017 peak of 4.6344, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 JOD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
JOD to PGK Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 4.5682, compared to 4.6959 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1277 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was June, with a trading range of 0.0915 PGK (High: 4.6751 / Low: 4.5836). On the other end, July was the most stable month, with a tight range of 0.0299 PGK (High: 4.6460 / Low: 4.6160).
Growth Streaks & Declines
TrendsBetween February and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0073 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2018: 4.7435) against the same month in 2017 (average: 4.5358), the exchange rate shifted by +0.2076 (+4.58%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 4.5813 | 4.5169 | 4.5416 |
| February | 4.5765 | 4.5032 | 4.5343 |
| March | 4.5911 | 4.5063 | 4.5456 |
| April | 4.5972 | 4.5440 | 4.5751 |
| May | 4.6363 | 4.5826 | 4.6020 |
| June | 4.6751 | 4.5836 | 4.6103 |
| July | 4.6460 | 4.6160 | 4.6334 |
| August | 4.6792 | 4.6356 | 4.6633 |
| September | 4.6921 | 4.6499 | 4.6819 |
| October | 4.7337 | 4.7033 | 4.7213 |
| November | 4.7509 | 4.6957 | 4.7319 |
| December | 4.7801 | 4.7169 | 4.7435 |