YEARLY HIGH
2.3966 PGK
YEARLY LOW
2.1545 PGK
YEARLY AVERAGE
2.2747 PGK

2018 NZD to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NZD to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 16, valuing the pair at 2.3966. Conversely, the yearly low was recorded on October 6, dropping to 2.1545.

This high-to-low spread represents a total annual volatility of 0.2421 PGK. From a start-to-finish perspective, comparing the January average rate of 2.3377 to the December average rate of 2.2910, the exchange rate registered a net change of -2.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 2.3966 was down 0.46% compared to the 2017 peak of 2.4076, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,983 PGK
2017 Average 11,337 PGK
Yearly Trough Low 10,773 PGK
Transaction Impact: A difference of 1,210.55 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

2.3661
2.1691
JanuMarcMayJulySeptNove

NZD 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 2.3192, compared to 2.2302 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0889 points.

H1 Avg (Jan–Jun) 2.3192
H2 Avg (Jul–Dec) 2.2302

Volatility Range Comparison

Volatility

The most volatile month in 2018 was April, with a trading range of 0.1039 PGK (High: 2.3966 / Low: 2.2927). On the other end, July was the most stable month, with a tight range of 0.0477 PGK (High: 2.2536 / Low: 2.2059).

April Spread (Volatile) ±0.1039
July Spread (Stable) ±0.0477

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0798 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0798

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2018: 2.3496) against the same month in 2017 (average: 2.2432), the exchange rate shifted by +0.1064 (+4.75%).

2018 Avg (April) 2.3496
2017 Avg (April) 2.2432

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.3739 2.2746 2.3377
February 2.3878 2.3026 2.3497
March 2.3634 2.3104 2.3380
April 2.3966 2.2927 2.3496
May 2.3028 2.2456 2.2698
June 2.3163 2.2176 2.2701
July 2.2536 2.2059 2.2325
August 2.2344 2.1730 2.2051
September 2.2215 2.1627 2.1924
October 2.2124 2.1545 2.1855
November 2.3129 2.2156 2.2748
December 2.3401 2.2539 2.2910