2018 PGK to LRD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 PGK to LRD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the PGK to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 49.1444. Conversely, the yearly low was recorded on February 4, dropping to 37.6472.
This high-to-low spread represents a total annual volatility of 11.4972 LRD. From a start-to-finish perspective, comparing the January average rate of 39.3657 to the December average rate of 46.8126, the exchange rate registered a net change of 18.92% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 49.1444 was up 25.07% compared to the 2017 peak of 39.2932, 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 LRD 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 40.7013, compared to 46.7923 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 6.0909 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was June, with a trading range of 3.9489 LRD (High: 45.6453 / Low: 41.6964). On the other end, October was the most stable month, with a tight range of 0.4415 LRD (High: 46.9487 / Low: 46.5072).
Growth Streaks & Declines
TrendsBetween 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 July and August, when the average rate fell by 0.8418 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2018: 47.2179) against the same month in 2017 (average: 29.1990), the exchange rate shifted by +18.0189 (+61.71%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 40.3395 | 38.0928 | 39.3657 |
| February | 40.8529 | 37.6472 | 39.2581 |
| March | 40.9672 | 40.3041 | 40.6617 |
| April | 40.8654 | 40.1451 | 40.3893 |
| May | 42.3683 | 40.1877 | 41.0044 |
| June | 45.6453 | 41.6964 | 43.5286 |
| July | 49.1444 | 45.7566 | 47.2179 |
| August | 46.7472 | 45.8616 | 46.3761 |
| September | 48.1240 | 46.3341 | 46.5961 |
| October | 46.9487 | 46.5072 | 46.7625 |
| November | 47.3083 | 46.7777 | 46.9883 |
| December | 47.1162 | 46.4328 | 46.8126 |