2018 PGK to IQD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 PGK to IQD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the PGK to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 19, valuing the pair at 372.5930. Conversely, the yearly low was recorded on December 29, dropping to 350.8255.
This high-to-low spread represents a total annual volatility of 21.7675 IQD. From a start-to-finish perspective, comparing the January average rate of 368.7594 to the December average rate of 353.9156, the exchange rate registered a net change of -4.03% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 372.5930 was down 2.16% compared to the 2017 peak of 380.8305, 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 IQD 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 366.7244, compared to 357.5622 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 9.1622 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was June, with a trading range of 7.6000 IQD (High: 365.6042 / Low: 358.0042). On the other end, October was the most stable month, with a tight range of 2.0822 IQD (High: 356.9330 / Low: 354.8508).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2018. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 3.2366 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2018: 368.7594) against the same month in 2017 (average: 371.7128), the exchange rate shifted by -2.9534 (-0.79%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 372.5930 | 365.3875 | 368.7594 |
| February | 370.6419 | 365.9246 | 368.6505 |
| March | 370.2660 | 365.1168 | 368.2345 |
| April | 369.1796 | 364.1104 | 366.3915 |
| May | 366.6941 | 361.4385 | 364.6023 |
| June | 365.6042 | 358.0042 | 363.7083 |
| July | 363.8114 | 360.9593 | 362.2297 |
| August | 362.4531 | 358.7363 | 360.0556 |
| September | 361.8520 | 357.7224 | 358.8394 |
| October | 356.9330 | 354.8508 | 355.6028 |
| November | 357.8394 | 353.1999 | 354.7301 |
| December | 355.6285 | 350.8255 | 353.9156 |