YEARLY HIGH
2.4528 HKD
YEARLY LOW
2.3087 HKD
YEARLY AVERAGE
2.3852 HKD

2018 PGK to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the PGK to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 9, valuing the pair at 2.4528. Conversely, the yearly low was recorded on December 29, dropping to 2.3087.

This high-to-low spread represents a total annual volatility of 0.1441 HKD. From a start-to-finish perspective, comparing the January average rate of 2.4264 to the December average rate of 2.3234, the exchange rate registered a net change of -4.24% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 2.4528 was down 1.41% compared to the 2017 peak of 2.4879, 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 12,264 HKD
2017 Average 12,216 HKD
Yearly Trough Low 11,543 HKD
Transaction Impact: A difference of 720.72 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

2.4432
2.3125
JanuMarcMayJulySeptNove

PGK to HKD 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 2.4183, compared to 2.3522 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0662 points.

H1 Avg (Jan–Jun) 2.4183
H2 Avg (Jul–Dec) 2.3522

Volatility Range Comparison

Volatility

The most volatile month in 2018 was June, with a trading range of 0.0481 HKD (High: 2.4134 / Low: 2.3653). On the other end, July was the most stable month, with a tight range of 0.0143 HKD (High: 2.3953 / Low: 2.3810).

June Spread (Volatile) ±0.0481
July Spread (Stable) ±0.0143

Growth Streaks & Declines

Trends

Between January and March, 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 September and October, when the average rate fell by 0.0189 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0189

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2018: 2.4323) against the same month in 2017 (average: 2.4493), the exchange rate shifted by -0.0170 (-0.70%).

2018 Avg (March) 2.4323
2017 Avg (March) 2.4493

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.4411 2.4082 2.4264
February 2.4495 2.4094 2.4315
March 2.4528 2.4094 2.4323
April 2.4346 2.4064 2.4178
May 2.4143 2.3863 2.4038
June 2.4134 2.3653 2.3981
July 2.3953 2.3810 2.3872
August 2.3863 2.3645 2.3722
September 2.3792 2.3473 2.3586
October 2.3501 2.3308 2.3398
November 2.3483 2.3216 2.3318
December 2.3329 2.3087 2.3234