2018 PGK to INR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 PGK to INR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the PGK to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 9, valuing the pair at 22.1552. Conversely, the yearly low was recorded on January 7, dropping to 19.5445.
This high-to-low spread represents a total annual volatility of 2.6107 INR. From a start-to-finish perspective, comparing the January average rate of 19.7494 to the December average rate of 21.0138, the exchange rate registered a net change of 6.40% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 22.1552 was up 2.65% compared to the 2017 peak of 21.5822, 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 INR 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 20.2646, compared to 21.3339 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.0693 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was November, with a trading range of 1.0858 INR (High: 21.8976 / Low: 20.8118). On the other end, July was the most stable month, with a tight range of 0.2729 INR (High: 21.0574 / Low: 20.7845).
Growth Streaks & Declines
TrendsBetween January and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.5840 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2018: 21.9827) against the same month in 2017 (average: 20.3403), the exchange rate shifted by +1.6424 (+8.07%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 19.9002 | 19.5445 | 19.7494 |
| February | 20.4257 | 19.8246 | 20.0361 |
| March | 20.4059 | 20.0042 | 20.1742 |
| April | 20.5651 | 19.9030 | 20.2314 |
| May | 20.9299 | 20.4575 | 20.6818 |
| June | 20.9762 | 20.1794 | 20.7150 |
| July | 21.0574 | 20.7845 | 20.8892 |
| August | 21.4457 | 20.6824 | 21.0154 |
| September | 21.9265 | 21.4031 | 21.7038 |
| October | 22.1552 | 21.8310 | 21.9827 |
| November | 21.8976 | 20.8118 | 21.3987 |
| December | 21.5830 | 20.5713 | 21.0138 |