YEARLY HIGH
29.4284 CVE
YEARLY LOW
27.3797 CVE
YEARLY AVERAGE
28.5025 CVE

2018 PGK to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the PGK to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on August 14, valuing the pair at 29.4284. Conversely, the yearly low was recorded on February 19, dropping to 27.3797.

This high-to-low spread represents a total annual volatility of 2.0486 CVE. From a start-to-finish perspective, comparing the January average rate of 28.1757 to the December average rate of 28.8621, the exchange rate registered a net change of 2.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 29.4284 was down 12.22% compared to the 2017 peak of 33.5235, 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 147,142 CVE
2017 Average 153,768 CVE
Yearly Trough Low 136,899 CVE
Transaction Impact: A difference of 10,243.09 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

29.0719
27.6723
JanuMarcMayJulySeptNove

PGK to CVE 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 28.2049, compared to 28.8000 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5951 points.

H1 Avg (Jan–Jun) 28.2049
H2 Avg (Jul–Dec) 28.8000

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 1.2341 CVE (High: 28.7225 / Low: 27.4884). On the other end, November was the most stable month, with a tight range of 0.5280 CVE (High: 29.1878 / Low: 28.6598).

January Spread (Volatile) ±1.2341
November Spread (Stable) ±0.5280

Growth Streaks & Declines

Trends

Between April and June, 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 August and September, when the average rate fell by 0.4108 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.4108

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2018: 28.9442) against the same month in 2017 (average: 29.4192), the exchange rate shifted by -0.4750 (-1.61%).

2018 Avg (August) 28.9442
2017 Avg (August) 29.4192

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 28.7225 27.4884 28.1757
February 28.4038 27.3797 27.8666
March 28.1429 27.4821 27.8361
April 28.1109 27.4911 27.7889
May 29.2243 28.0649 28.6070
June 29.3036 28.5365 28.9553
July 29.0895 28.4894 28.7694
August 29.4284 28.5227 28.9442
September 28.7686 28.2236 28.5334
October 29.1738 28.4093 28.7471
November 29.1878 28.6598 28.9437
December 29.2082 28.4769 28.8621