2018 PGK to GMD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 PGK to GMD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the PGK to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 26, valuing the pair at 15.1620. Conversely, the yearly low was recorded on June 1, dropping to 14.2177.
This high-to-low spread represents a total annual volatility of 0.9443 GMD. From a start-to-finish perspective, comparing the January average rate of 14.8947 to the December average rate of 14.6935, the exchange rate registered a net change of -1.35% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 15.1620 was up 1.36% compared to the 2017 peak of 14.9589, 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 GMD 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 14.6171, compared to 14.6462 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0290 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was January, with a trading range of 0.5076 GMD (High: 15.1620 / Low: 14.6544). On the other end, October was the most stable month, with a tight range of 0.1142 GMD (High: 14.8330 / Low: 14.7188).
Growth Streaks & Declines
TrendsBetween June and October, 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 January and February, when the average rate fell by 0.1786 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2018: 14.8947) against the same month in 2017 (average: 13.7082), the exchange rate shifted by +1.1865 (+8.66%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 15.1620 | 14.6544 | 14.8947 |
| February | 14.9315 | 14.5209 | 14.7161 |
| March | 14.8050 | 14.5975 | 14.6757 |
| April | 14.6900 | 14.4619 | 14.5484 |
| May | 14.5072 | 14.3436 | 14.4459 |
| June | 14.5198 | 14.2177 | 14.4220 |
| July | 14.6480 | 14.3311 | 14.5098 |
| August | 14.6195 | 14.4856 | 14.5371 |
| September | 14.8541 | 14.4199 | 14.6072 |
| October | 14.8330 | 14.7188 | 14.7711 |
| November | 14.8522 | 14.6919 | 14.7584 |
| December | 14.7955 | 14.5445 | 14.6935 |