2018 MVR to PGK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 MVR to PGK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the MVR to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.2195. Conversely, the yearly low was recorded on March 4, dropping to 0.2067.
This high-to-low spread represents a total annual volatility of 0.0129 PGK. From a start-to-finish perspective, comparing the January average rate of 0.2092 to the December average rate of 0.2178, the exchange rate registered a net change of 4.12% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 0.2195 was down 2.10% compared to the 2017 peak of 0.2243, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MVR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
MVR 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 0.2099, compared to 0.2158 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0060 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was June, with a trading range of 0.0042 PGK (High: 0.2140 / Low: 0.2098). On the other end, August was the most stable month, with a tight range of 0.0017 PGK (High: 0.2151 / Low: 0.2134).
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 0.0008 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2018: 0.2178) against the same month in 2017 (average: 0.2088), the exchange rate shifted by +0.0090 (+4.31%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 0.2108 | 0.2080 | 0.2092 |
| February | 0.2100 | 0.2067 | 0.2084 |
| March | 0.2108 | 0.2067 | 0.2087 |
| April | 0.2117 | 0.2091 | 0.2104 |
| May | 0.2122 | 0.2094 | 0.2106 |
| June | 0.2140 | 0.2098 | 0.2118 |
| July | 0.2140 | 0.2111 | 0.2131 |
| August | 0.2151 | 0.2134 | 0.2144 |
| September | 0.2161 | 0.2134 | 0.2155 |
| October | 0.2181 | 0.2159 | 0.2171 |
| November | 0.2182 | 0.2155 | 0.2172 |
| December | 0.2195 | 0.2167 | 0.2178 |