2018 PGK to AOA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 PGK to AOA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the PGK to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on November 4, valuing the pair at 92.8521. Conversely, the yearly low was recorded on January 6, dropping to 51.2263.
This high-to-low spread represents a total annual volatility of 41.6258 AOA. From a start-to-finish perspective, comparing the January average rate of 55.5423 to the December average rate of 91.7669, the exchange rate registered a net change of 65.22% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 92.8521 was up 75.13% compared to the 2017 peak of 53.0181, 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 AOA 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 66.5940, compared to 86.3170 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 19.7231 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was January, with a trading range of 13.2096 AOA (High: 64.4360 / Low: 51.2263). On the other end, November was the most stable month, with a tight range of 1.1711 AOA (High: 92.8521 / Low: 91.6810).
Growth Streaks & Declines
TrendsBetween January and November, 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 November and December, when the average rate fell by 0.5668 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2018: 92.3337) against the same month in 2017 (average: 51.7331), the exchange rate shifted by +40.6006 (+78.48%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 64.4360 | 51.2263 | 55.5423 |
| February | 66.7097 | 64.0266 | 65.3182 |
| March | 67.3288 | 65.5822 | 66.4218 |
| April | 69.3552 | 65.7184 | 67.1758 |
| May | 72.8308 | 69.2509 | 71.1389 |
| June | 75.9006 | 72.1761 | 73.9666 |
| July | 78.1073 | 75.5202 | 77.0369 |
| August | 83.3566 | 77.9008 | 80.3766 |
| September | 88.7730 | 83.2383 | 85.9452 |
| October | 91.8276 | 88.7576 | 90.4429 |
| November | 92.8521 | 91.6810 | 92.3337 |
| December | 92.2447 | 90.9808 | 91.7669 |