2018 PGK to KES Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 PGK to KES Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the PGK to KES exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 32.1415. Conversely, the yearly low was recorded on October 18, dropping to 30.0115.
This high-to-low spread represents a total annual volatility of 2.1299 KES. From a start-to-finish perspective, comparing the January average rate of 31.9218 to the December average rate of 30.3554, the exchange rate registered a net change of -4.91% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 32.1415 was down 3.00% compared to the 2017 peak of 33.1358, 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 KES 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 31.2526, compared to 30.3989 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.8537 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was February, with a trading range of 0.7398 KES (High: 31.8951 / Low: 31.1554). On the other end, August was the most stable month, with a tight range of 0.2313 KES (High: 30.5884 / Low: 30.3571).
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 January and February, when the average rate fell by 0.3971 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2018: 31.9218) against the same month in 2017 (average: 32.6592), the exchange rate shifted by -0.7373 (-2.26%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 32.1415 | 31.7442 | 31.9218 |
| February | 31.8951 | 31.1554 | 31.5247 |
| March | 31.7326 | 31.0120 | 31.3795 |
| April | 31.3435 | 30.7171 | 30.9942 |
| May | 31.1310 | 30.5225 | 30.8249 |
| June | 31.0979 | 30.5680 | 30.8705 |
| July | 30.7971 | 30.4727 | 30.6160 |
| August | 30.5884 | 30.3571 | 30.4249 |
| September | 30.5150 | 30.2608 | 30.3484 |
| October | 30.3929 | 30.0115 | 30.1755 |
| November | 30.6948 | 30.2979 | 30.4734 |
| December | 30.6068 | 30.0413 | 30.3554 |