YEARLY HIGH
13338.9699 IRR
YEARLY LOW
11010.5440 IRR
YEARLY AVERAGE
12367.9980 IRR

2018 PGK to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the PGK to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 29, valuing the pair at 13338.9699. Conversely, the yearly low was recorded on January 3, dropping to 11010.5440.

This high-to-low spread represents a total annual volatility of 2328.4258 IRR. From a start-to-finish perspective, comparing the January average rate of 11184.5643 to the December average rate of 12551.4440, the exchange rate registered a net change of 12.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 13338.9699 was up 20.26% compared to the 2017 peak of 11091.5236, 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 66,694,849 IRR
2017 Average 51,804,489 IRR
Yearly Trough Low 55,052,720 IRR
Transaction Impact: A difference of 11,642,129.17 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

13362.1432
10986.6025
JanuMarcMayJulySeptNove

PGK to IRR 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 11877.7596, compared to 12858.2365 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 980.4769 points.

H1 Avg (Jan–Jun) 11877.7596
H2 Avg (Jul–Dec) 12858.2365

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 1441.5572 IRR (High: 12920.3595 / Low: 11478.8022). On the other end, September was the most stable month, with a tight range of 126.6353 IRR (High: 13092.3081 / Low: 12965.6728).

May Spread (Volatile) ±1441.5572
September Spread (Stable) ±126.6353

Growth Streaks & Declines

Trends

Between April and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 297.3354 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -297.3354

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2018: 13164.1814) against the same month in 2017 (average: 10266.6296), the exchange rate shifted by +2897.5519 (+28.22%).

2018 Avg (July) 13164.1814
2017 Avg (July) 10266.6296

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 11504.3858 11010.5440 11184.5643
February 11670.4176 11425.1296 11522.0342
March 11722.7843 11534.3303 11631.6498
April 11673.8597 11488.6648 11556.0526
May 12920.3595 11478.8022 12427.1643
June 13013.9183 12714.8402 12945.0922
July 13338.9699 12968.0059 13164.1814
August 13331.4884 13001.8956 13092.5956
September 13092.3081 12965.6728 12990.3976
October 12926.6389 12652.5816 12693.0621
November 12751.2053 12605.6530 12657.7379
December 12665.9310 12413.0307 12551.4440