2018 PGK to AFN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 PGK to AFN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the PGK to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on September 17, valuing the pair at 22.8782. Conversely, the yearly low was recorded on November 18, dropping to 19.0996.
This high-to-low spread represents a total annual volatility of 3.7786 AFN. From a start-to-finish perspective, comparing the January average rate of 21.6558 to the December average rate of 22.4533, the exchange rate registered a net change of 3.68% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 22.8782 was up 5.04% compared to the 2017 peak of 21.7812, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 PGK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
PGK to AFN 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 21.6705, compared to 22.3691 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6986 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was November, with a trading range of 3.5583 AFN (High: 22.6579 / Low: 19.0996). On the other end, October was the most stable month, with a tight range of 0.3111 AFN (High: 22.7083 / Low: 22.3972).
Growth Streaks & Declines
TrendsBetween March and July, 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 July and August, when the average rate fell by 0.1868 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2018: 22.5685) against the same month in 2017 (average: 21.4140), the exchange rate shifted by +1.1545 (+5.39%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 21.8974 | 21.4599 | 21.6558 |
| February | 21.7681 | 21.3905 | 21.5602 |
| March | 21.7449 | 21.3425 | 21.5458 |
| April | 21.7185 | 21.3229 | 21.5595 |
| May | 21.9987 | 21.5023 | 21.7693 |
| June | 22.3220 | 21.5108 | 21.9324 |
| July | 22.4786 | 21.7044 | 22.1659 |
| August | 22.1868 | 21.8646 | 21.9791 |
| September | 22.8782 | 22.1542 | 22.5685 |
| October | 22.7083 | 22.3972 | 22.6091 |
| November | 22.6579 | 19.0996 | 22.4386 |
| December | 22.6334 | 22.1754 | 22.4533 |