2018 PGK to IDR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 PGK to IDR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the PGK to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 24, valuing the pair at 4563.2303. Conversely, the yearly low was recorded on January 21, dropping to 4133.5755.
This high-to-low spread represents a total annual volatility of 429.6547 IDR. From a start-to-finish perspective, comparing the January average rate of 4161.4438 to the December average rate of 4312.3408, the exchange rate registered a net change of 3.63% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 4563.2303 was up 7.12% compared to the 2017 peak of 4259.8161, 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 IDR 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 4246.1896, compared to 4370.9574 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 124.7679 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was November, with a trading range of 240.4226 IDR (High: 4518.3376 / Low: 4277.9149). On the other end, August was the most stable month, with a tight range of 28.2065 IDR (High: 4346.5168 / Low: 4318.3103).
Growth Streaks & Declines
TrendsBetween 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 October and November, when the average rate fell by 164.5960 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2018: 4534.1236) against the same month in 2017 (average: 4226.1566), the exchange rate shifted by +307.9670 (+7.29%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 4225.3348 | 4133.5755 | 4161.4438 |
| February | 4295.3031 | 4159.8099 | 4222.3193 |
| March | 4314.8609 | 4224.9836 | 4268.5357 |
| April | 4288.0248 | 4223.6877 | 4252.0860 |
| May | 4342.2773 | 4231.5979 | 4299.1399 |
| June | 4330.2007 | 4182.6586 | 4273.6128 |
| July | 4364.1233 | 4323.4889 | 4342.4219 |
| August | 4346.5168 | 4318.3103 | 4331.6542 |
| September | 4359.9078 | 4325.7712 | 4335.6765 |
| October | 4563.2303 | 4367.2586 | 4534.1236 |
| November | 4518.3376 | 4277.9149 | 4369.5276 |
| December | 4355.0075 | 4220.5432 | 4312.3408 |