YEARLY HIGH
2.1666 BOB
YEARLY LOW
2.0352 BOB
YEARLY AVERAGE
2.1029 BOB

2018 PGK to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the PGK to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on January 19, valuing the pair at 2.1666. Conversely, the yearly low was recorded on November 19, dropping to 2.0352.

This high-to-low spread represents a total annual volatility of 0.1314 BOB. From a start-to-finish perspective, comparing the January average rate of 2.1448 to the December average rate of 2.0529, the exchange rate registered a net change of -4.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 2.1666 was down 1.86% compared to the 2017 peak of 2.2078, 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 10,833 BOB
2017 Average 10,875 BOB
Yearly Trough Low 10,176 BOB
Transaction Impact: A difference of 656.91 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

2.1579
2.0434
JanuMarcMayJulySeptNove

PGK to BOB 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 2.1324, compared to 2.0734 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0590 points.

H1 Avg (Jan–Jun) 2.1324
H2 Avg (Jul–Dec) 2.0734

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.0445 BOB (High: 2.0797 / Low: 2.0352). On the other end, October was the most stable month, with a tight range of 0.0133 BOB (High: 2.0710 / Low: 2.0577).

November Spread (Volatile) ±0.0445
October Spread (Stable) ±0.0133

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2018. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0185 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0185

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 2.1448) against the same month in 2017 (average: 2.1783), the exchange rate shifted by -0.0335 (-1.54%).

2018 Avg (January) 2.1448
2017 Avg (January) 2.1783

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.1666 2.1356 2.1448
February 2.1628 2.1301 2.1484
March 2.1628 2.1219 2.1438
April 2.1438 2.1185 2.1285
May 2.1272 2.0985 2.1167
June 2.1260 2.0838 2.1123
July 2.1097 2.0846 2.0999
August 2.1029 2.0800 2.0872
September 2.1030 2.0764 2.0810
October 2.0710 2.0577 2.0625
November 2.0797 2.0352 2.0567
December 2.0626 2.0374 2.0529