YEARLY HIGH
557.4335 BIF
YEARLY LOW
528.7087 BIF
YEARLY AVERAGE
540.9627 BIF

2018 PGK to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the PGK to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 9, valuing the pair at 557.4335. Conversely, the yearly low was recorded on October 8, dropping to 528.7087.

This high-to-low spread represents a total annual volatility of 28.7248 BIF. From a start-to-finish perspective, comparing the January average rate of 547.0975 to the December average rate of 536.9107, the exchange rate registered a net change of -1.86% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 557.4335 was up 0.81% compared to the 2017 peak of 552.9646, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,787,167 BIF
2017 Average 2,700,505 BIF
Yearly Trough Low 2,643,543 BIF
Transaction Impact: A difference of 143,624.13 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

550.1054
532.9439
JanuMarcMayJulySeptNove

PGK to BIF 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 545.6839, compared to 536.2415 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 9.4424 points.

H1 Avg (Jan–Jun) 545.6839
H2 Avg (Jul–Dec) 536.2415

Volatility Range Comparison

Volatility

The most volatile month in 2018 was March, with a trading range of 16.4655 BIF (High: 557.4335 / Low: 540.9680). On the other end, September was the most stable month, with a tight range of 4.7524 BIF (High: 537.2460 / Low: 532.4937).

March Spread (Volatile) ±16.4655
September Spread (Stable) ±4.7524

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 3.2344 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -3.2344

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2018: 547.9356) against the same month in 2017 (average: 534.9930), the exchange rate shifted by +12.9426 (+2.42%).

2018 Avg (March) 547.9356
2017 Avg (March) 534.9930

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 553.0055 542.7593 547.0975
February 555.8685 541.8557 548.6753
March 557.4335 540.9680 547.9356
April 553.0397 541.3004 545.8488
May 548.1298 537.0381 542.6144
June 549.1752 538.1369 541.9315
July 544.1557 535.5956 538.7779
August 542.0745 533.9083 536.5509
September 537.2460 532.4937 534.3740
October 543.8202 528.7087 534.7595
November 544.2279 529.1502 536.0759
December 544.9388 529.4564 536.9107